Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 64

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 Awards  
    Fair
    Value/Closing Market Price at Grant 

    Restricted Stock Awards –
    Common Stock 
     391,544  
    $1.52 
  
    Restricted Stock Awards – Common Stock 
     90,734  
    $2.41 
  
    Restricted Stock Awards – Common Stock 
     542,896  
    $3.96 
  
    Restricted Stock Awards
    – Preferred A Stock 
     1,892,300  
    $2.50 

     2,917,474  

During
the nine months ended September 30, 2024, the Company awarded the following under the 2023 Plan:

    Award Type 
    Number
    of Awards  
    Fair
    Value/Closing Market Price at Grant 

    Restricted Stock Awards –
    Common Stock 
     610,234  
    $1.52 
  
    Restricted Stock Awards – Common Stock 
     57,255  
    $2.41 
  
    Restricted Stock Awards
    – Common Stock 
     645,795  
    $3.96 

     1,313,284  

38,153
of the restricted stock awards vested immediately, 2,704,772 of the restricted stock awards vest at separation from the Company, 690,223
of the restricted stock awards vest 33% on June 1, 2024, 33% on June 1, 2025 and 34% on June 1, 2026, 304,289 of the restricted stock
awards vest 33% on June 1, 2025, 33% on June 1, 2026 and 34% on June 1, 2027, 14,505 of the restricted stock awards vest on June 1, 2025,
14,894 of the restricted stock award vest on June 1, 2026, 1,710 of the restricted stock awards vest on June 1, 2027, and 462,212 of
the restricted stock awards vest 33% on September 1, 2025, 33% on September 1 , 2026 and 34% on September 1, 2027.

No
options were granted under the 2021 Plan and the 2023 Plan for the three and nine months ended September 30, 2025 and September