Form 4 for APLD Applied Digital Corp.
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-04 · accession 0001144879-24-000072 · 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 | 2024-04-08 | 2024-04-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | F - Tax | $3.27 | -49.1K | 3.96M | -1% | -$160.6K |
| D | 2024-04-08 | 2024-04-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | — | +200.0K | 4.01M | +5% | — |
| D | 2024-04-08 | 2024-04-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | $0.00 | -200.0K | 400.0K | -33% | $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 | 2024-04-04 | F | D | 49,113 | $3.27 | 3,964,764 | D | — | — | (F3) 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 | Common | Common Stock | 2024-04-04 | M | A | 200,000 | — | 4,013,877 | 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. |
| 3 | Derivative | Restricted Stock Unit | 2024-04-04 | M | D | 200,000 | $0.00 | 400,000 | D | — · — to — | 200,000 Common Stock | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. (F6) One-sixth of the RSUs will vest on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026. |