Form 4/A for DTST Data Storage Corp
Accepted 2024-07-31 00:00:00 ET · period of report 2024-03-31 · accession 0001731122-24-001171 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2024-07-31 | 2024-03-31 | DTST | Correll Todd A. | Dir | A - Grant | $0.00 | +2,500 | 23.1K | +12% | $0 |
| DA | 2024-07-31 | 2024-03-31 | DTST | Correll Todd A. | Dir | M - OptEx | — | +2,500 | 20.6K | +14% | — |
| DA | 2024-07-31 | 2024-03-31 | DTST | Correll Todd A. | Dir | A - Grant | $0.00 | +2,500 | 2,500 | New | $0 |
| DA | 2024-07-31 | 2024-03-31 | DTST | Correll Todd A. | 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 | 2024-03-31 | A | A | 2,500 | $0.00 | 23,125 | D | — | — | (F3) Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Correll on March 31, 2024, which RSUs vest on the one-year anniversary of the date of grant. |
| 2 | Common | Common Stock | 2024-03-31 | M | A | 2,500 | — | 20,625 | D | — | — | (F2) On March 31, 2023 the reporting person was granted 2,500 RSUs, which vested on March 31, 2024. (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. |
| 3 | Derivative | Option to Purchase Stock | 2024-03-31 | A | A | 2,500 | $0.00 | 2,500 | D | $5.72 · — to 2034-03-30 | 2,500 Common Stock | (F5) These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from March 31, 2024, vesting commencing on March 31, 2025. These Options will expire on March 30, 2034. |
| 4 | Derivative | Restricted Stock Unit | 2024-03-31 | M | D | 2,500 | $0.00 | 0 | D | — · — to — | 2,500 Common Stock | (F4) The amount of derivative securities beneficially owned by Mr. Correll following the reported transaction is correctly reported on this Form 4. The amount of derivative securities beneficially owned by Mr. Correll following the reported transaction has been adjusted to correct errors in prior Form 4 filings that were filed with the Securities and Exchange Commission on July 5, 2023, October 11, 2023, January 3, 2024 and April 2, 2024, each of which indicated the balance of derivative securities beneficially owned by Mr. Correll following the reported transaction as being 2,500 greater than the actual number that should have been reported. (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 March 31, 2023 the reporting person was granted 2,500 RSUs, which vested on March 31, 2024. |