Phelan William P 4

4 · Soluna Holdings, Inc · Filed Apr 17, 2024

Form 4

Period: 2024-04-15

Director

Transactions

Award
Common Stock
2024-04-15+47,059→ 60,396 total
Disposition to Issuer
Stock Options (Right to Buy)
2024-04-15−1,064→ 0 total
Exercise: $188.00Exp: 2026-05-13→ Common Stock (1,064 underlying)
Award
9.0% Series A Cumulative Perpetual Preferred Stock
2024-04-15+185,421→ 185,421 total
Disposition to Issuer
Stock Options (Right to Buy)
2024-04-15−4,688→ 0 total
Exercise: $23.75Exp: 2027-11-22→ Common Stock (4,688 underlying)

Footnotes (4)

[F1]Transaction reported is a grant of 185,421 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 33% on June 1, 2025, 33% on June 1, 2026, and 34% on June 1, 2027, in each case subject to the reporting person remaining in the service of the issuer on each such vesting date.
[F2]Transaction reported is a grant of 47,059 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.
[F3]All shares of Common Stock subject to this stock option were vested and exercisable on the date of cancellation.
[F4]On April 15, 2024, the stock options were cancelled by mutual agreement of the reporting person and the issuer.

Documents

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