Soluna Holdings, Inc — Director's Dealing 2009

Nov 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MECHANICAL TECHNOLOGY INC (MKTY)
CIK: 0000064463
Period of Report: 2009-11-13

Reporting Person: LIM PENG K (Director, CHAIRMAN AND CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-13	Stock Options (Rights to Buy)	$1.40	A	70000	Acquired	2019-11-13	Common Stock (70000)	Direct

Footnotes

F1: The option was granted under the Company's Amended and Restated 2006 Equity Incentive Plan.

F2: Options to purchase Common Stock of Company pursuant to Issuer's Amended and Restated 2006 Equity Incentive Plan and subject
thereto. Vesting at the rate of (i) 50% of the shares immediately upon the Grant Date, and (ii) the remaining 50% of the
shares at a rate of 1/36 per month for the three (3) years following the Grant Date, for so long as the recipient of the
Option remains an employee of or consultant to the Company, and subject to the terms and conditions of the Stock Option
Agreement entered into by and between the Company and the Optionee.