RENCH DAVID 4
4 · Applied Digital Corp. · Filed Nov 19, 2024
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2024-11-15+490,000→ 490,000 total→ Common Stock (490,000 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSUs") granted on November 15, 2024 represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, cash or a combination thereof.
- [F2]The RSUs have no expiration date and vest in six equal installments, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.