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4//SEC Filing

Maniscalco Michael 4

Accession 0001144879-24-000068

CIK 0001144879other

Filed

Apr 7, 8:00 PM ET

Accepted

Apr 8, 4:39 PM ET

Size

11.5 KB

Accession

0001144879-24-000068

Insider Transaction Report

Form 4
Period: 2024-04-04
Transactions
  • Tax Payment

    Common Stock

    2024-04-04$3.27/sh6,072$19,85575,327 total
  • Exercise/Conversion

    Restricted Stock Unit

    2024-04-0425,00050,000 total
    Common Stock (25,000 underlying)
  • Exercise/Conversion

    Common Stock

    2024-04-04+25,00081,399 total
Holdings
  • Restricted Stock Unit

    Common Stock (70,833 underlying)
    70,833
  • Restricted Stock Unit

    Common Stock (200,000 underlying)
    200,000
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: 12,500 on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026.
  • [F4]RSUs will vest as follows: 23,610 on August 5, 2024, 23,611 on February 5, 2025, and 23,612 on August 5, 2025.
  • [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.

Issuer

Applied Digital Corp.

CIK 0001144879

Entity typeother

Related Parties

1
  • filerCIK 0001985367

Filing Metadata

Form type
4
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 4:39 PM ET
Size
11.5 KB