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Soluna Holdings, Inc Director's Dealing 2005

Aug 22, 2005

34389_dirs_2005-08-22_d7fc58fd-e43b-413c-a4bf-5f6b306f439e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MECHANICAL TECHNOLOGY INC (MKTY)
CIK: 0000064463
Period of Report: 2005-08-18

Reporting Person: FISCHER STEVEN N (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-08-18 Common Stock A 50000 Acquired 60000.00 Direct
2005-08-18 Common Stock A 50000 Acquired 110000.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-08-18 Stock Options (Right to Buy) $2.49 A 125000 Acquired 2015-08-17 Common Stock (125000.00) Direct

Footnotes

F1: Restricted stock vests one year from the date of grant.

F2: Options vest ratably based upon the achievement of each goal established by the Company's Board of Directors.