INGEL REGINA 4
4 · Applied Digital Corp. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
INGEL REGINA
CMO
Transactions
- Tax Payment
Common Stock
2023-04-01$2.24/sh−3,707$8,304→ 98,262 total - Award
Restricted Stock Unit
2023-04-04+60,000→ 60,000 total→ Common Stock (60,000 underlying)
Holdings
- 83,334
Restricted Stock Unit
→ Common Stock (83,334 underlying)
Footnotes (4)
- [F1]Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
- [F2]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F3]16,667 RSUs will vest on August 5, 2023, February 5, 2024, February 5, 2025, and August 5, 2025 and 16,666 RSUs will vest on August 5, 2024.
- [F4]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.