Michael Toporek - Mar 25, 2022 Form 4/A - Amendment Insider Report for Soluna Holdings, Inc (SLNH)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Christopher Gandolfo, Attorney in Fact
Stock symbol: SLNH
Transactions as of: Mar 25, 2022
Transactions value $: -$38,036
Form type: 4/A - Amendment
Date filed: 3/30/2022, 06:27 PM
Date Of Original Report: Mar 29, 2022
Previous filing: May 17, 2021
Next filing: Aug 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLNH	Common Stock, $0.01 par value	Disposed to Issuer	-$38K	-3.37K	-44.88%	$11.30	4.13K	Mar 25, 2022	Direct	F1
holding	SLNH	Common Stock, $0.01 par value						3.75M	Mar 25, 2022	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld from by the Issuer to satisfy Mr. Toporek's tax obligations upon the vesting of 7,500 restricted stock units previously granted to Mr. Toporek. On March 29, 2022, Mr. Toporek filed a Form 4 which inadvertently reported the incorrect number of shares of common stock withheld to satisfy his tax obligations. The original Form 4 also mistakenly did not indicate Mr. Toporek as a director of the Issuer in addition to being an officer and 10% holder.
F2	Represents shares of common stock held by Brookstone Partners Acquisition XXIV, LLC ("Brookstone XXIV"). As the Manager of Brookstone XXIV, Brookstone Partners I.A.C. may be deemed to beneficially own the shares of common stock owned directly by Brookstone XXIV. Mr. Toporek is a Managing General Partner of Brookstone Partners I.A.C. and shares voting and dispositive power over the shares of common stock owned by Brookstone XXIV and therefore may be deemed to beneficially own these shares. Mr. Toporek disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

Content

Represents shares of common stock withheld from by the Issuer to satisfy Mr. Toporek's tax obligations upon the vesting of 7,500 restricted stock units previously granted to Mr. Toporek. On March 29, 2022, Mr. Toporek filed a Form 4 which inadvertently reported the incorrect number of shares of common stock withheld to satisfy his tax obligations. The original Form 4 also mistakenly did not indicate Mr. Toporek as a director of the Issuer in addition to being an officer and 10% holder.

Represents shares of common stock held by Brookstone Partners Acquisition XXIV, LLC ("Brookstone XXIV"). As the Manager of Brookstone XXIV, Brookstone Partners I.A.C. may be deemed to beneficially own the shares of common stock owned directly by Brookstone XXIV. Mr. Toporek is a Managing General Partner of Brookstone Partners I.A.C. and shares voting and dispositive power over the shares of common stock owned by Brookstone XXIV and therefore may be deemed to beneficially own these shares. Mr. Toporek disclaims such beneficial ownership except to the extent of his pecuniary interest therein.