Company: HSDTW
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0001558370-25-003007
Chunk: 39

Company: Solana Co
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 39
---
 of 1/12 per month and 30% in restricted stock units (“ RSUs”), which vest in increments of 1/12 per month. We also reimburse non-employee directors for reasonable expenses incurred in connection with attending Board and committee meetings. In 2024, in lieu of RSUs, our Board was granted an equivalent amount of stock options in addition to a cash payment equal to $50,000 minus the Black Scholes calculation of the value of the stock options on the grant date. The following table shows certain information with respect to the compensation of all non-employee directors of the Company for the fiscal year ended December 31, 2024.

| ​                  | ​ |              ​ | ​ |      ​ | ​ | ​            | ​ |       ​ |
| ​                  |   | Fees earned or |   | Option |   | ​            |   |       ​ |
| ​                  | ​ |   paid in cash | ​ | Awards | ​ | Stock Awards | ​ |   Total |
| Name               | ​ |             -$ | ​ |  -$)(5 | ​ | -$)(5        | ​ |      -$ |
| Paul Buckman(1)    |   |         66,951 |   | 26,195 |   | —            |   |  93,146 |
| Sherrie Perkins(2) |   |         53,451 |   | 26,195 |   | —            |   |  79,646 |
| Edward M. Straw(3) |   |         63,951 |   | 26,195 |   | —            |   |  90,146 |
| Blane Walter(4)    |   |         81,951 |   | 26,195 |   | —            |   | 108,146 |

| (1) | Mr. Buckman held options to purchase a total of 37,180 shares of common stock at December 31, 2024. |

| (2) | Ms. Perkins held options to purchase a total of 37,190 shares of common stock at December 31, 2024. |

| (3) | Vice Admiral (Retired) Straw held options to purchase a total of 37,263 shares of common stock at December 31, 2024. |

| (4) | Mr. Walter held options to purchase a total of 31,000 shares of common stock at December