MICHAELS DAVID C 4
4 · Soluna Holdings, Inc · Filed Apr 17, 2024
Insider Transaction Report
Form 4
MICHAELS DAVID C
Director
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2024-04-15−3,125→ 0 totalExercise: $23.75Exp: 2027-11-22→ Common Stock (3,125 underlying) - Award
9.0% Series A Cumulative Perpetual Preferred Stock
2024-04-15+52,977→ 58,646 total - Award
Common Stock
2024-04-15+25,309→ 31,569 total - Award
Common Stock
2024-04-15+41,176→ 72,745 total - Disposition to Issuer
Stock Options (Right to Buy)
2024-04-15−1,064→ 0 totalExercise: $188.00Exp: 2026-05-13→ Common Stock (1,064 underlying)
Footnotes (5)
- [F1]Transaction reported is a grant of 52,977 restricted stock awards representing shares of Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, of the issuer ("Preferred Stock"), which were approved by the Compensation Committee. The shares of Preferred Stock will vest 100% upon the reporting person's separation from the issuer.
- [F2]Transaction reported is a grant of 25,309 restricted stock awards representing shares of Common Stock, which were approved by the Compensation Committee. The shares of Common Stock vest 100% on the date of grant.
- [F3]Transaction reported is a grant of 41,176 restricted stock awards representing shares of Common Stock, which were approved by the Compensation Committee. The shares of Common Stock will vest 100% upon the reporting person's separation from the issuer.
- [F4]All shares of Common Stock subject to this stock option were vested and exercisable on the date of cancellation.
- [F5]On April 15, 2024, the stock options were cancelled by mutual agreement of the reporting person and the issuer.