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Soluna Holdings, Inc Director's Dealing 2007

Apr 23, 2007

34389_dirs_2007-04-23_699b573f-c2d4-4452-a7e3-64ea0d430dba.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: 2007-04-20

Reporting Person: FISCHER STEVEN N (Director, Executive Chairman)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-04-20 Stock Options (Right to Buy) $1.65 A 50000 Acquired 2014-04-19 Common Stock (50000.00) Direct
2007-04-20 Stock Options (Rights to Buy) $1.65 A 100000 Acquired 2014-04-19 Common Stock (100000.00) Direct

Footnotes

F1: Options vest based upon the successful completion of certain financial goals established by the Company's Board of Directors-these goals must be achieved by June 30, 2008 or Mr. Fischer will forfeit the options.

F2: Immediately Vested