Form 4 for APLD Applied Digital Corp.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0001144879-23-000081 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-04 | 2023-04-01 | APLD | Cummins Wes | CEO, COB, Dir, 10% | F - Tax | $2.24 | -15.2K | 3.69M | -0.4% | -$34.1K |
| D | 2023-04-04 | 2023-04-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | A - Grant | $0.00 | +600.0K | 600.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-04-01 | F | D | 15,219 | $2.24 | 3,689,944 | D | — | — | (F1) Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person. (F2) Includes 742,166 shares held in the Reporting Person's IRA. |
| 2 | Derivative | Restricted Stock Unit | 2023-04-04 | A | A | 600,000 | $0.00 | 600,000 | D | — · — to — | 600,000 Common Stock | (F5) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. (F7) One-third of the RSUs will vest on April 4, 2024, and one-sixth of the RSUs will vest on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026. |