Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1552

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1552
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     156,071  
     1.2%

    Non-Employee Directors 

    Matthew E. Lipman(6) 
     118,977  
     1.0%
  
    William P. Phelan(7) 
     169,657  
     1.4%
  
    Thomas J. Marusak(8) 
     146,843  
     1.2%
  
    Edward R. Hirshfield(9) 
     117,893  
     * % 
  
    William Hazelip(10) 
     117,773  
     * % 
  
    John Bottomley(11) 
     118,433  
     * % 
  
    David C. Michaels(12) 
     177,091  
     1.4%
  
    All current directors and executive officers as a group (10 persons) 
     2,799,439  
     22.4%

    Greater than 5% Holders 

    Chuntao Zhou(13) 
     1,455,938  
     4.99%

*
Less than 1%

    (1)
    Based
    on 12,486,512 shares of Common Stock outstanding on March 20, 2025, and, with respect to each individual holder, rights to acquire
    shares of Common Stock exercisable within 60 days of March 20, 2025.

    (2)
    Unless
    otherwise indicated, each of the stockholders has sole voting and investment power with respect to the shares of Common Stock beneficially
    owned by the stockholder.

    (3)
    Includes
    300 shares of Common Stock issuable to Mr. Toporek upon exercise of stock options exercisable as of March 20, 2025. Includes 1,179,219
    restricted stock awards representing shares of Common Stock, which will vest 100% upon the reporting person’s separation from
    the Company.

    (4)
    Includes
    181,294 restricted stock awards representing shares of Common Stock, which vested 33% during 2024, and will vest 33% on June 1, 2025,
    and 34% on June 1, 2026, in each case subject to the reporting person remaining in the service of the Company on each such vesting
    date