4//SEC Filing
RENCH DAVID 4
Accession 0001144879-23-000178
CIK 0001144879other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 4:09 PM ET
Size
10.1 KB
Accession
0001144879-23-000178
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-08-05−41,667→ 166,667 total→ Common Stock (41,667 underlying) - Exercise/Conversion
Common Stock
2023-08-05+41,667→ 207,664 total - Tax Payment
Common Stock
2023-08-05$7.79/sh−10,146$79,037→ 197,518 total
Holdings
- 210,000
Restricted Stock Unit
→ Common Stock (210,000 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
- [F3]41,667 RSUs will vest on August 5, 2023, February 5, 2024, February 5, 2025, and August 5, 2025 and 41,666 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.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001898844
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 4:09 PM ET
- Size
- 10.1 KB