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

Role
Director
Signature
/s/ Christopher Gandolfo, Attorney in Fact
Stock symbol
SLNH
Transactions as of
Aug 18, 2022
Transactions value $
$31,238
Form type
4/A - Amendment
Date filed
8/24/2022, 12:26 PM
Date Of Original Report
Aug 22, 2022
Previous filing
Jan 19, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNH Common Stock Options Exercise $22.8K +19K +8.12% $1.20 253K Aug 18, 2022 Direct
transaction SLNH Common Stock Options Exercise $8.44K +9.38K +3.71% $0.90 262K Aug 18, 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 -19K -100% $0.00* 0 Aug 18, 2022 Common Stock 19K $1.20 Direct F2
transaction SLNH Stock options (Right to Buy) Options Exercise $0 -9.38K -75% $0.00 3.13K Aug 18, 2022 Common Stock 9.38K $0.90 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.