RENCH DAVID 4
4 · Applied Digital Corp. · Filed Oct 8, 2024
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-10-04$7.45/sh−11,385$84,818→ 335,580 total - Exercise/Conversion
Common Stock
2024-10-04+35,000→ 346,965 total - Exercise/Conversion
Restricted Stock Unit
2024-10-04−35,000→ 105,000 total→ Common Stock (35,000 underlying)
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, which does not constitute an actual sale or other open market transaction.
- [F3]RSUs granted on April 4, 2023, vesting as follows: 70,000 on April 4, 2024 and 35,000 on each of October 4, 2024, April 4, 2025, October 4, 2025, and April 4, 2026.
- [F4]No expiration date.