Form 4 for DTST Data Storage Corp
Accepted 2024-07-02 00:00:00 ET · period of report 2024-06-30 · accession 0001731122-24-001074 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-07-02 | 2024-06-30 | DTST | Grover Matthew | Dir | M - OptEx | — | +2,500 | 25.0K | +11% | — |
| D | 2024-07-02 | 2024-06-30 | DTST | Grover Matthew | Dir | A - Grant | $0.00 | +2,500 | 27.5K | +10% | $0 |
| D | 2024-07-02 | 2024-06-30 | DTST | Grover Matthew | Dir | A - Grant | $0.00 | +2,500 | 2,500 | New | $0 |
| D | 2024-07-02 | 2024-06-30 | DTST | Grover Matthew | Dir | M - OptEx | $0.00 | -2,500 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-30 | M | A | 2,500 | — | 25,000 | D | — | — | (F2) On June 30, 2023 the reporting person was granted 2,500 RSUs, which vested on June 30, 2024. The total amount of securities beneficially owned after this issuance reflects a correction from the Form 4 filed by Mr. Grover on January 3, 2024, which should have disclosed 17,500 shares beneficially owned at that time rather than 17,250. (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. |
| 2 | Common | Common Stock | 2024-06-30 | A | A | 2,500 | $0.00 | 27,500 | D | — | — | (F3) Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Grover on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant. |
| 3 | Derivative | Option to Purchase Stock | 2024-06-30 | A | A | 2,500 | $0.00 | 2,500 | D | $6.56 · — to 2034-06-30 | 2,500 Common Stock | (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. |
| 4 | Derivative | Restricted Stock Unit | 2024-06-30 | M | D | 2,500 | $0.00 | 0 | D | — · — to — | 2,500 Common Stock | (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) On June 30, 2023 the reporting person was granted 2,500 RSUs, which vested on June 30, 2024. The total amount of securities beneficially owned after this issuance reflects a correction from the Form 4 filed by Mr. Grover on January 3, 2024, which should have disclosed 17,500 shares beneficially owned at that time rather than 17,250. |