INGEL REGINA 4
4 · Applied Digital Corp. · Filed Aug 8, 2023
Insider Transaction Report
Form 4
INGEL REGINA
CMO
Transactions
- Tax Payment
Common Stock
2023-08-05$7.79/sh−4,059$31,620→ 110,870 total - Exercise/Conversion
Common Stock
2023-08-05+16,667→ 114,929 total - Exercise/Conversion
Restricted Stock Unit
2023-08-05−16,667→ 66,667 total→ Common Stock (16,667 underlying)
Holdings
- 60,000
Restricted Stock Unit
→ Common Stock (60,000 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]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.