4//SEC Filing
RENCH DAVID 4
Accession 0001144879-24-000030
CIK 0001144879other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:52 PM ET
Size
10.1 KB
Accession
0001144879-24-000030
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-02-05−41,667→ 125,000 total→ Common Stock (41,667 underlying) - Exercise/Conversion
Common Stock
2024-02-05+41,667→ 239,185 total - Tax Payment
Common Stock
2024-02-05$4.26/sh−11,695$49,821→ 227,490 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]41,666 RSUs will vest on August 5, 2024 and 41,667 RSUs will vest on each of February 5, 2025 and August 5, 2025.
- [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
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:52 PM ET
- Size
- 10.1 KB