Soluna Holdings, Inc — Director's Dealing 2016

Jan 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MECHANICAL TECHNOLOGY INC (MKTY)
CIK: 0000064463
Period of Report: 2016-01-14

Reporting Person: Jones Frederick W. (CHIEF FINANCIAL OFFICER)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-14	Stock Options (Rights to Buy)	$0.78	A	26000	Acquired	2026-01-13	Common Stock (26000)	Direct

Footnotes

F1: Options to purchase Common Stock of Issuer pursuant to Issuer's 2014 Equity Incentive Plan and subject thereto. Vesting at the rate of 25% on each of the first four anniversaries of the date of the award, with first vest occurring on January 14, 2017, for so long as the recipient of the Option remains an employee or board member of, or consultant to, Issuer, and subject to the terms and conditions of the Stock Option Agreement entered into by and between Issuer and the Optionee.