Form 4 for APLD Applied Digital Corp.
Accepted 2023-08-08 00:00:00 ET · period of report 2023-08-05 · accession 0001144879-23-000183 · 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 | 2023-08-08 | 2023-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | — | +83.3K | 3.77M | +2% | — |
| D | 2023-08-08 | 2023-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | F - Tax | $7.79 | -21.0K | 3.75M | -0.6% | -$163.8K |
| D | 2023-08-08 | 2023-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | $0.00 | -83.3K | 333.3K | -20% | $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 | 2023-08-05 | M | A | 83,333 | — | 3,773,277 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. (F2) Includes 742,166 shares held in the Reporting Person's IRA. |
| 2 | Common | Common Stock | 2023-08-05 | F | D | 21,030 | $7.79 | 3,752,247 | D | — | — | (F3) Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person. |
| 3 | Derivative | Restricted Stock Unit | 2023-08-05 | M | D | 83,333 | $0.00 | 333,334 | D | — · — to — | 83,333 Common Stock | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. (F6) 83,333 RSUs will vest on August 5, 2023, August 5, 2024, and February 5, 2025 and 83,334 RSUs will vest on February 5, 2024 and August 5, 2025. |