4//SEC Filing
RENCH DAVID 4
Accession 0001144879-24-000070
CIK 0001144879other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 4:40 PM ET
Size
10.0 KB
Accession
0001144879-24-000070
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-04-04−70,000→ 140,000 total→ Common Stock (70,000 underlying) - Exercise/Conversion
Common Stock
2024-04-04+70,000→ 297,490 total - Tax Payment
Common Stock
2024-04-04$3.27/sh−17,045$55,737→ 280,445 total
Holdings
- 125,000
Restricted Stock Unit
→ Common Stock (125,000 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]One-sixth of the RSUs will vest on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026.
- [F4]41,667 RSUs will vest on each February 5, 2025 and August 5, 2025 and 41,666 RSUs will vest on August 5, 2024.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001898844
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 4:40 PM ET
- Size
- 10.0 KB