0001493152-24-015104.txt : 20240417
0001493152-24-015104.hdr.sgml : 20240417
20240417203051
ACCESSION NUMBER: 0001493152-24-015104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240415
FILED AS OF DATE: 20240417
DATE AS OF CHANGE: 20240417
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phelan William P
CENTRAL INDEX KEY: 0001311899
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40261
FILM NUMBER: 24852585
MAIL ADDRESS:
STREET 1: C/O MECHANICAL TECHNOLOGY INC
STREET 2: 325 WASHINGTON AVENUE EXTENSION
CITY: ALBANY
STATE: NY
ZIP: 12205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Soluna Holdings, Inc
CENTRAL INDEX KEY: 0000064463
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 09 Crypto Assets
IRS NUMBER: 141462255
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 325 WASHINGTON AVENUE EXTENSION
CITY: ALBANY
STATE: NY
ZIP: 12205
BUSINESS PHONE: 518-218-2500
MAIL ADDRESS:
STREET 1: 325 WASHINGTON AVENUE EXTENSION
CITY: ALBANY
STATE: NY
ZIP: 12205
FORMER COMPANY:
FORMER CONFORMED NAME: MECHANICAL TECHNOLOGY INC
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0508
4
2024-04-15
0
0000064463
Soluna Holdings, Inc
SLNH
0001311899
Phelan William P
C/O SOLUNA HOLDINGS, INC.
325 WASHINGTON AVENUE EXTENSION
ALBANY
NY
12205
1
0
0
0
0
9.0% Series A Cumulative Perpetual Preferred Stock
2024-04-15
4
A
0
185421
0
A
185421
D
Common Stock
2024-04-15
4
A
0
47059
0
A
60396
D
Stock Options (Right to Buy)
188
2024-04-15
4
D
0
1064
D
2026-05-13
Common Stock
1064
0
D
Stock Options (Right to Buy)
23.75
2024-04-15
4
D
0
4688
D
2027-11-22
Common Stock
4688
0
D
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.
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.
All shares of Common Stock subject to this stock option were vested and exercisable on the date of cancellation.
On April 15, 2024, the stock options were cancelled by mutual agreement of the reporting person and the issuer.
On October 13, 2023, the issuer effected a reverse stock split (the "Reverse Stock Split") of outstanding shares of its common stock, par value $0.001 per share ("Common Stock"), pursuant to which every 25 shares of Common Stock were automatically reclassified into one new share of Common Stock. Proportionate adjustments were made to the issuer's outstanding equity awards as well as the exercise, grant and acquisition prices of such equity awards, as applicable. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
/s/ Christopher Gandolfo, Attorney in Fact
2024-04-17