Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 965

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 965
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 December 1, 2026, and 34% on December 1, 2027, in each case subject to the reporting person remaining
    in the service of the Company on each such vesting date.

    (5)
    Mr.
    Tunison was appointed Chief Financial Officer of the Company on April 8, 2024, and was granted 57,987 restricted stock awards representing
    shares of Common Stock which will vest 33% on June 1, 2025, 33% on June 1, 2026, and 34% on June 1,2027, in each case subject to
    the reporting person remaining in the service of the issuer on each such vesting date. Includes 48,769 restricted stock awards representing
    shares of Common Stock, which will vest 33% on September 1, 2025, 33% on September 1, 2026, and 34% on September 1, 2027, in each
    case subject to the reporting person remaining in the service of the Company on each such vesting date. Includes 49,315 restricted
    stock awards representing shares of Common Stock, which will vest 33% on December 1, 2025, 33% on December 1, 2026, and 34% on December
    1, 2027, in each case subject to the reporting person remaining in the service of the Company on each such vesting date.

76

    (6)
    Includes
    300 shares of Common Stock issuable to Mr. Lipman upon exercise of stock options exercisable within 60 days of March 20, 2025.
    Includes 116,473 restricted stock awards representing shares of Common Stock, which will vest 100% upon the reporting person’s
    separation from the Company.

    (7)
    Includes
    250 shares of Common Stock issuable to Mr. Phelan upon exercise of stock options exercisable within 60 days of March 20, 2025.
    Includes 156,071 restricted stock awards representing shares of Common Stock, which will vest 100% upon the reporting person’s
    separation from the Company.

    (8)
    Includes
    125 shares of Common Stock issuable to Mr. Marusak upon exercise of stock options exercisable within 60 days of March 20, 2025.
    Includes 50,610 restricted stock