Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 369

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 369
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, 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. Includes 42,568 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 43,044 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.

    (9)
    Includes
    300 shares of Common Stock issuable to Mr. Hirshfield upon exercise of stock options exercisable within 60 days of March 20, 2025.
    Includes 77,650 restricted stock awards representing shares of Common Stock, which will vest 100% upon the reporting person’s
    separation from the Company. Includes 14,423 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 Company on each such vesting date. Includes 12,132 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 12,268 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.