Thomas J. Marusak - 18 Aug 2022 Form 4/A - Amendment Insider Report for Soluna Holdings, Inc (SLNH)

Role
Director
Signature
/s/ Christopher Gandolfo, Attorney in Fact
Issuer symbol
SLNH
Transactions as of
18 Aug 2022
Net transactions value
+$31,238
Form type
4/A - Amendment
Filing time
24 Aug 2022, 12:26:07 UTC
Date Of Original Report
22 Aug 2022
Previous filing
19 Jan 2022
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNH Common Stock Options Exercise $22,800 +19,000 +8.1% $1.20 253,025 18 Aug 2022 Direct
transaction SLNH Common Stock Options Exercise $8,438 +9,375 +3.7% $0.9000 262,400 18 Aug 2022 Direct F1

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) Options Exercise $0 -19,000 -100% $0.000000* 0 18 Aug 2022 Common Stock 19,000 $1.20 Direct F2
transaction SLNH Stock options (Right to Buy) Options Exercise $0 -9,375 -75% $0.000000 3,125 18 Aug 2022 Common Stock 9,375 $0.9000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This corrects Mr. Marusak's Form 4 filed on August 22, 2022, which inadvertently reported the incorrect number of shares of common stock acquired by Mr. Marusak upon the exercise of his options due to a typographical error. The correct beneficial ownership was reported in Column 5.
F2 On March 5, 2015, the reporting person was granted options to purchase 19,000 shares of common stock of the issuer, which vest in four equal annual installments beginning on the first anniversary of the grant date. As of August 18, 2022, options to purchase 19,000 shares of common stock were vested.
F3 On December 12, 2018, the reporting person was granted options to purchase 12,500 shares of common stock of the issuer, which vest in four equal annual installments beginning on the first anniversary of the grant date. As of August 18, 2022, options to purchase 9,375 shares of common stock were vested and options to purchase 3,125 shares of common stock remain unvested.