Filing Details
- Accession Number:
- 0001213900-12-000721
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-15 11:40:09
- Reporting Period:
- 2011-12-23
- Filing Date:
- 2012-02-15
- Accepted Time:
- 2012-02-15 11:40:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1419951 | Data Storage Corp | DTST | Services-Computer Processing & Data Preparation (7374) | 980530147 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1448428 | M. Charles Piluso | 401 Franklin Ave Suite 103 Garden City NY 11530 | President, Ceo, Cfo | Yes | Yes | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2011-12-23 | 548,780 | $0.41 | 9,519,119 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-12-22 | 591,716 | $0.39 | 10,110,295 | No | 4 | C | Direct | |
| Common Stock | Acquisiton | 2011-12-22 | 28,143 | $0.41 | 10,138,148 | No | 4 | J | Direct | |
| Common Stock | Acquisiton | 2011-12-22 | 61,086 | $0.85 | 10,199,524 | No | 4 | J | Direct | |
| Common Stock | Acquisiton | 2011-12-22 | 682,992 | $0.55 | 10,882,516 | No | 4 | C | Direct | |
| Common Stock | Acquisiton | 2011-12-22 | 788,955 | $0.39 | 11,671,471 | No | 4 | C | Indirect | Piluso Family Trust |
| Common Stock | Acquisiton | 2011-12-22 | 37,523 | $0.41 | 11,708,994 | No | 4 | J | Indirect | Piluso Family Trust |
| Common Stock | Acquisiton | 2011-12-22 | 81,448 | $0.85 | 11,790,442 | No | 4 | J | Indirect | Piluso Family Trust |
| Common Stock | Acquisiton | 2011-12-22 | 910,655 | $0.55 | 12,701,097 | No | 4 | C | Indirect | Piluso Family Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | J | Direct | |
| No | 4 | J | Direct | |
| No | 4 | C | Direct | |
| No | 4 | C | Indirect | Piluso Family Trust |
| No | 4 | J | Indirect | Piluso Family Trust |
| No | 4 | J | Indirect | Piluso Family Trust |
| No | 4 | C | Indirect | Piluso Family Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Convertible Promissory Note 10% | Convertible Debt | Disposition | 2011-12-22 | 591,716 | $230,769.24 | 591,716 | $0.39 |
| Convertible Promissory Note 10% | Convertible Debt | Disposition | 2011-12-22 | 788,955 | $307,692.15 | 788,955 | $0.39 |
| Warrants | Warrants | Disposition | 2011-12-22 | 682,992 | $0.00 | 682,992 | $0.55 |
| Warrants | Warrants | Disposition | 2011-12-22 | 910,655 | $0.00 | 910,655 | $0.55 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2010-06-16 | 2013-06-15 | No | 4 | C | Direct |
| 0 | 2010-06-16 | 2013-06-15 | No | 4 | C | Indirect |
| 0 | 2010-06-30 | 2020-06-30 | No | 4 | C | Direct |
| 0 | 2010-06-30 | 2020-06-30 | No | 4 | C | Indirect |
Footnotes
- Past Due Interest on Convertible Debt based on March 2011 share price of $0.41 per share
- Current and Future Interest on Convertible Debt based on November 2011 share price of $0.85 per share
- The Warrants were purchased together with the Convertible Debt and are included in the Convertible Debt purchase price of $230,769.24
- The Warrants were purchased together with the Convertible Debt and are included in the Convertible Debt purchase price of $307,692.45
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