Correll Todd A. 4/A
4/A · Data Storage Corp · Filed Jul 31, 2024
Insider Transaction Report
Form 4/AAmended
Correll Todd A.
Director
Transactions
- Award
Common Stock
2024-06-30+2,500→ 25,625 total - Award
Option to Purchase Stock
2024-06-30+2,500→ 2,500 totalExercise: $6.56Exp: 2034-06-30→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis and represent a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Correll on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant.
- [F3]The amount of securities beneficially owned by Mr. Correll following the reported transaction is correctly reported on this Form 4. The amount of securities beneficially owned by Mr. Correll has been adjusted to correct an error in a prior Form 4 filing that was filed with the Securities and Exchange Commission on July 2, 2024 to remove an RSU representing a right to receive 2,500 shares of the Issuer's common stock from Table I and Table II that were incorrectly stated as having been vested.
- [F4]These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from June 30, 2024, vesting commencing on June 30, 2025. These Options will expire on June 30, 2034.