secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001731122-23-000662
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Data Storage awards 25,000 options and RSUs to Schwartz and Kempster; salaries to rise
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112223000662/0001731122-23-000662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112223000662/e6304_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-23-000662

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer