Form 4 for APLD Applied Digital Corp.
Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001493152-25-005483 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-07 | 2025-02-05 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | F - Tax | $8.10 | -10.4K | 180.3K | -5% | -$84.3K |
| DM | 2025-02-07 | 2025-02-05 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | M - OptEx | — | +41.7K | 185.4K | +29% | — |
| DM | 2025-02-07 | 2025-02-05 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | M - OptEx | $0.00 | -41.7K | 20.8K | -67% | $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 | 2025-02-05 | F | D | 5,332 | $8.10 | 164,534 | D | — | — | (F2) Represents the withholding of shares of common stock of the Issuer for tax purposes in connection with the vesting of RSUs previously granted, which does not constitute an actual sale or other open market transaction. |
| 2 | Common | Common Stock | 2025-02-05 | M | A | 20,833 | — | 169,866 | D | — | — | (F1) Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 20,833 on each of February 5, 2023 and August 5, 2023, 20,834 on February 5, 2024, 20,833 on each of August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 3 | Common | Common Stock | 2025-02-05 | F | D | 5,073 | $8.10 | 180,294 | D | — | — | (F2) Represents the withholding of shares of common stock of the Issuer for tax purposes in connection with the vesting of RSUs previously granted, which does not constitute an actual sale or other open market transaction. |
| 4 | Common | Common Stock | 2025-02-05 | M | A | 20,833 | — | 185,367 | D | — | — | (F3) RSUs granted on August 5, 2022 represent a contingent right to receive shares of common stock of the Issuer on a one-for-one basis. The RSUs have no expiration date and vest as follows: 41,667 on August 5, 2023, 20,833 on each of February 5, 2024, August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 5 | Derivative | Restricted Stock Unit | 2025-02-05 | M | D | 20,833 | $0.00 | 20,834 | D | — · — to — | 20,833 Common Stock | (F1) Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 20,833 on each of February 5, 2023 and August 5, 2023, 20,834 on February 5, 2024, 20,833 on each of August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. (F3) RSUs granted on August 5, 2022 represent a contingent right to receive shares of common stock of the Issuer on a one-for-one basis. The RSUs have no expiration date and vest as follows: 41,667 on August 5, 2023, 20,833 on each of February 5, 2024, August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 6 | Derivative | Restricted Stock Unit | 2025-02-05 | M | D | 20,833 | $0.00 | 20,834 | D | — · — to — | 20,833 Common Stock | (F1) Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 20,833 on each of February 5, 2023 and August 5, 2023, 20,834 on February 5, 2024, 20,833 on each of August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |