4//SEC Filing
Maniscalco Michael 4
Accession 0001144879-24-000032
CIK 0001144879other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 6:07 PM ET
Size
11.5 KB
Accession
0001144879-24-000032
Insider Transaction Report
Form 4
Maniscalco Michael
Other
Transactions
- Exercise/Conversion
Common Stock
2024-02-05+23,611→ 63,400 total - Exercise/Conversion
Restricted Stock Unit
2024-02-05−23,611→ 70,833 total→ Common Stock (23,611 underlying) - Tax Payment
Common Stock
2024-02-05$4.26/sh−7,001$29,824→ 56,399 total
Holdings
- 75,000
Restricted Stock Unit
→ Common Stock (75,000 underlying) - 200,000
Restricted Stock Unit
→ Common Stock (200,000 underlying)
Footnotes (5)
- [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]RSUs will vest as follows: 23,610 on August 5, 2024, 23,611 on February 5, 2025, and 23,612 on August 5, 2025.
- [F4]RSUs will vest as follows: 25,000 on April 4, 2024, and 12,500 on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026.
- [F5]RSUs will vest as follows: 33,333 on each of July 31, 2024, January 31, 2025, July 31, 2025 and January 31, 2026, and 33,334 on each of July 31, 2026 and January 31, 2027.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001985367
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 6:07 PM ET
- Size
- 11.5 KB