Maniscalco Michael 4
4 · Applied Digital Corp. · Filed Feb 6, 2024
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.