other material
confidence high
sentiment neutral
materiality 0.50
Data Storage awards 25,000 options and RSUs to Schwartz and Kempster; salaries to rise
Data Storage Corp
- Annual base salary for each officer: $215k in 2023, $225k in 2024, $250k in 2025.
- Each granted options to acquire 25,000 shares at 110% of grant-date closing price, vesting over 3 years, expiring 2033.
- Each granted 25,000 RSUs vesting in equal annual installments over three years from April 10, 2023.
- Grants made under the 2021 Stock Incentive Plan per previously disclosed March 1, 2023 compensation increase.