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

Signature
/s/ Christopher Gandolfo, Attorney in Fact
Stock symbol
SLNH
Transactions as of
Mar 25, 2022
Transactions value $
-$34,160
Form type
4/A - Amendment
Date filed
4/18/2022, 07:50 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 -$34.2K -3.02K -40.31% $11.30 4.48K 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 by the Issuer to satisfy Mr. Toporek's tax obligations upon the vesting of 7,500 restricted stock units previously granted to Mr. Toporek. This corrects Mr. Toporek's Form 4 filed on March 29, 2022, as amended on March 30, 2022, 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.