John Bottomley - Nov 22, 2022 Form 4 Insider Report for Soluna Holdings, Inc (SLNH)

Role
Director
Signature
/s/ Christopher Gandolfo, Attorney in Fact
Stock symbol
SLNH
Transactions as of
Nov 22, 2022
Transactions value $
$0
Form type
4
Date filed
11/23/2022, 04:24 PM
Previous filing
Sep 6, 2022
Next filing
Apr 17, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SLNH Stock Options (Right to Buy) Award $0 +78.1K $0.00 78.1K Nov 22, 2022 Common Stock 78.1K $0.95 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were received as compensation for their services on the Board of Directors in lieu of quarterly cash payments for September 30, 2022 and December 31, 2022. The options become exercisable in two equal installments, 50% immediately and 50% on December 31, 2022. The stock options expire five years from the grant date. The exercise price is based on a 25% premium on the closing price of SLNH common stock as of 11/22/2022.