RENCH DAVID 4
4 · Applied Digital Corp. · Filed Aug 7, 2024
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-08-05+41,666→ 322,111 total - Exercise/Conversion
Restricted Stock Unit
2024-08-05−41,666→ 83,334 total→ Common Stock (41,666 underlying) - Tax Payment
Common Stock
2024-08-05$4.21/sh−10,146$42,715→ 311,965 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of RSUs previously granted.
- [F3]RSUs granted on August 5, 2022. Vesting as follows: 41,666 on February 5, 2023, 41,667 on each of August 5, 2023 and February 5, 2024, 41,666 on August 5, 2024, and 41,667 on each of February 5, 2025 and August 5, 2025.
- [F4]No expiration date.