WILLIAM P. PHELAN - Corporate Board Profile

Soluna Holdings, Inc

Filing Date	Source Excerpt
2005-05-10	Mr. Phelan, CPA, 48, was appointed to MTI's Board of Directors and named Chairman of MTI's Audit Committee on December 16, 2004. The Audit Committee currently consists of Mr. Phelan (Chairman), Mr. O'Connor and Dr. Robb.
2006-03-27	Mr. Phelan, CPA, was appointed to MTI's Board of Directors and named Chairman of MTI's Audit Committee on December 16, 2004. The MTI Board of Directors compensation for non-management directors provides that each non-management director receives a cash retainer of $16,000 per year, paid in four equal quarterly installments. The Chairman of the Audit Committee receives additional options to purchase 7,500 shares of the Company's common stock, and members of the Audit Committee each receive additional options to purchase 3,750 shares. The Chairman of the Compensation, Nominating and Governance Committee receives additional options to purchase 5,000 shares, and members of the Compensation, Nominating and Governance Committee each receive additional options to purchase 2,500 shares.
2007-04-23	William P. Phelan, Director, age 50, Director since 2004. Chairman of the Audit Committee. Compensation for 2006 was $68,250.
2008-04-08	William P. Phelan has served as a director since December 2004. DIRECTOR COMPENSATION FOR FISCAL YEAR 2007: William P. Phelan - Fees Earned or Paid in Cash: $7,000, Option Awards: $49,410, Other Compensation: $0, Total: $56,410. He is a member of the Audit Committee.
2009-04-30	William P. Phelan has served as a director since December 2004. Mr. Phelan is the co-founder and Chief Executive Officer of Bright Hub, Inc., a software company founded in 2006. Mr. Phelan also serves on the Board of Trustees, and Chairman of the Audit Committee, of the Paradigm mutual fund family. The Audit Committee consists of Mr. Phelan (Chairman), Mr. O'Connor and Mr. Marusak. The Board has determined that the current members of the Audit Committee are independent directors. The Board of Directors adopted a new compensation plan for non-management directors that eliminated the quarterly cash retainer compensation of $12,000 per year, after reducing it from $16,000 per year, on March 13, 2007. The Board of Directors determined in November 2008 to waive any compensation for the Company’s non-management directors for fiscal 2008.
2010-04-28	DIRECTOR COMPENSATION FOR FISCAL YEAR 2009: William P. Phelan (3) Fees Earned or Paid in Cash ($): —, Option Awards ($): 12,356, Other Compensation: —, Total ($): 12,356. (3) As of December 31, 2009, Mr. Phelan had 33,127 options outstanding and exercisable. Member of the Audit Committee and Governance, Compensation and Nominating Committee.
2011-04-28	William P. Phelan has served as a director since December 2004. Mr. Phelan is the co-founder and Chief Executive Officer of Bright Hub, Inc., a software company founded in 2006, which focuses on the development of online commerce for software. Since May 2004, Mr. Phelan has acted as Chairman and CEO of Chatham Capital Management, Inc. In May 1999, Mr. Phelan founded OneMade, Inc., an electronic commerce marketplace technology systems and tools provider. Mr. Phelan served as Chief Executive Officer of OneMade, Inc. from May 1999 to May 2004. OneMade, Inc. was sold to America Online in May 2003. Mr. Phelan also serves on the Board of Trustees and Chairman of the Audit Committee of the Paradigm mutual fund family. In addition, Mr. Phelan served as a member of the Board of Directors of Florists’ Transworld Delivery, the largest floral services organization in the world, from January 1995 through December 1999. He has also held numerous executive positions at Fleet Equity Partners, Cowen & Company, and UHY Advisors Inc., formerly Urbach Kahn & Werlin, PC. Mr. Phelan has a B.A. in Accounting and Finance from Siena College, an M.S. in Taxation from City College of New York, and is a Certified Public Accountant. Directors’ Compensation: William P. Phelan (3) — Fees Earned or Paid in Cash ($): —, Option Awards ($): 8,031, Other Compensation: —, Total ($): 8,031.
2012-04-27	The Audit Committee consists of Mr. Phelan (Chairman), Mr. OConnor, Mr. Marusak and Mr. Lynch. The Board has determined that the current members of the Audit Committee are independent directors as defined under Rule 5605(a)(2) of the Nasdaq Stock Market Inc. Rules (Nasdaq Rules). The Audit Committee met four times during 2011, and each member attended at least 75% of the meetings. The responsibilities of the Audit Committee are set forth in the charter of the Audit Committee, which was adopted by the Board of the Company and is published in the Investor Relations/Corporate Governance section of our website at www.mechtech.com. The Committee, among other matters, is responsible for the annual appointment of the independent registered public accountants as MTIs auditors, and reviews the arrangements for and the results of the auditors examination of our books and records, auditors compensation, internal accounting control procedures, and activities. The Audit Committee also reviews our accounting policies, control systems and compliance activities and reviews the charter of the Audit Committee. The Governance, Compensation and Nominating Committee consists of Mr. OConnor, Mr. Marusak and Mr. Phelan, who are all independent directors as defined under Rule 5605(a)(2) of the Nasdaq Rules. Mr. OConnor is Chairman of the Governance, Compensation, and Nominating Committee.
2013-04-26	William P. Phelan has served as a director since December 2004. ... (1) Member of the Audit Committee (2) Member of the Governance, Compensation and Nominating Committee. ... Director compensation table shows William P. Phelan received $10,000 fees earned or paid in cash, $3,425 option awards, total $13,425.
2014-04-25	The Audit Committee during 2013 consisted of Mr. Phelan (Chairman), Mr. Marusak and Mr. OConnor. The Audit Committee during 2014 consists of Mr. Michaels (Chairman), Mr. Marusak and Mr. Phelan. The Board has determined that the 2013 and 2014 current members of the Audit Committee are independent directors as defined under Rule 5605(a)(2) of the listing rules of the Nasdaq Stock Market LLC (Nasdaq Rules).
2015-04-24	William P. Phelan has served as a director since December 2004. ... Mr. Phelan serves on the Audit Committee (Chairman until February 2014), Governance and Nominating Committee, and Compensation Committee. ... Director compensation total was $23,846 in 2014.
2016-04-22	William P. Phelan has served as a director since December 2004. ... The Governance and Nominating Committee consists of Mr. Phelan (Chairman), Mr. Michaels and Mr. O’Connor. ... The Audit Committee consists of Mr. Michaels (Chairman), Mr. Marusak and Mr. Phelan. ... The Compensation Committee consists of Mr. Marusak (Chairman), Mr. O’Connor and Mr. Phelan. ... DIRECTOR COMPENSATION FOR FISCAL YEAR 2015 ... William P. Phelan ... $10,000 fees earned or paid in cash, $17,168 option awards, total $27,168.
2017-04-21	William P. Phelan has served as a director since December 2004. ... Member of the Audit Committee during calendar 2016. Member of the Governance and Nominating Committee during calendar 2016. Member of the Compensation Committee. ... Director compensation for fiscal year 2016: $10,000 fees earned or paid in cash, $13,319 option awards, total $23,319.
2018-04-20	William P. Phelan has served as a director since December 2004. He is a member of the Audit Committee, Governance and Nominating Committee, and Compensation Committee during calendar 2017. Director compensation for fiscal year 2017 was $10,000.
2021-02-22	William P. Phelan received $10,000 in fees earned or paid in cash in 2020 and 35,000 in restricted stock awards. As of December 31, 2020, Mr. Phelan had 83,500 options outstanding, 77,250 of which were exercisable.
2021-05-18	William P. Phelan has served as a member of the Board since December 2004. He is a member of the Compensation Committee effective March 9, 2021 and a member of the Audit Committee during 2020. Directors who are not employees receive $10,000 per year in cash compensation plus additional stock awards.
2021-10-07	William P. Phelan (5) ... Directors who are also our employees, if any, are not compensated for serving on the Board. On January 14, 2020, the Board’s Compensation Committee authorized non-employee directors to continue to receive cash compensation of $10,000 per year ... Mr. Phelan had 83,500 options outstanding
2022-04-13	William P. Phelan has served as our Chairman of the Board since January 2022 ... Member of the Compensation Committee. ... Member of the Audit Committee. ... Member of the Executive Committee. ... The following table details the total compensation of the directors for the fiscal year ended December 31, 2021 for service as a director. ... William P. Phelan 20,000 83,250 200,032 303,032
2022-09-19	William P. Phelan is listed as a director in the stock ownership table.
2023-02-10	William P. Phelan is listed as a Non-Employee Director.
2023-05-30	William P. Phelan has served as our Chairman of the Board since January 2022 and as a member of the Board since December 2004. ... Mr. Phelan serves on the Board of Trustees and is a Finance Committee member, an Executive Committee Member, an Investment Committee Chair and a Compensation Committee Chair for Capital District Physician’s Health Plan, Inc. ... Member of the Audit Committee. Member of the Compensation Committee. Member of the Executive Committee. ... The following table details the total compensation of the directors for the fiscal year ended December 31, 2022 for service as a director. ... William P. Phelan 37,500 843,650 111,329 992,479 ... The amounts reported in the Fees Earned or Paid in Cash column reflect the cash fees earned by the directors in 2022, ... The amount equals 60,500 shares of restricted stock units for Mr. Phelan ... multiplied by the closing price of such shares on January 14, 2022, the award date.
2024-04-29	William P. Phelan has been a member of the Board since December, 2004, has served as Lead Independent Director since April 2023, and had served as our Chairman of the Board from January 2022 through April 30, 2023... The Audit Committee as of the date of this report consists of Messrs. Marusak (Chair), Hirshfield, Phelan, and Bottomley... The Compensation Committee as of the date of this report consists of Messrs. Phelan (Chairman), Hazelip, and Bottomley... The Executive Committee as of the date of this report consists of Messrs. Phelan (Chairman), Bottomley, Lipman, and Toporek... The following table details the total compensation of the directors for the fiscal year ended December 31, 2023 for service as a director... William P. Phelan 60,000
2024-10-28	William P. Phelan is listed as a non-employee director.