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Soluna Holdings, Inc Director's Dealing 2021

Mar 30, 2021

34389_dirs_2021-03-29_6a7ea6b3-69ab-46a3-980b-2f081ccb8e61.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: 2021-03-25

Reporting Person: Madhavji Alykhan (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-25 Stock Options (Right to Buy) $11.1 A 15000 Acquired 2030-03-25 Common Stock (15000) Direct
2021-03-25 Restricted Stock Units $ A 7500 Acquired 2030-03-25 Common Stock (7500) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of MKTY common stock.

F2: The options become exercisable in three equal annual installments beginning on March 25, 2022, which is the first anniversary of the date on which the options were granted.

F3: The restricted stock units vest in three equal annual installments beginning on March 25, 2022, which is the first anniversary of the date on which the awards were granted. Vested shares will be delivered to the reporting person as soon as practicable following applicable vesting date.