4//SEC Filing
REED KATE 4
Accession 0001493152-24-047522
CIK 0001144879other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 9:55 PM ET
Size
5.7 KB
Accession
0001493152-24-047522
Insider Transaction Report
Form 4
REED KATE
Director
Transactions
- Disposition to Issuer
Common Stock
2024-11-20−15,650→ 341,510 total
Footnotes (2)
- [F1]Shares of restricted stock that were to vest on November 9, 2025 and November 9, 2026, subject to the Reporting Person being a director of Applied Digital Corporation (the "Company") through the applicable vesting date. As of November 20, 2024, the Reporting Person ceased being a director of the Company.
- [F2]Includes 300,000 restricted stock units ("RSUs") that represent a contingent right to receive one share of common stock. The RSUs vest as follows: 100,000 of the RSUs vest on June 28, 2025 and 50,000 of the RSUs vest on December 28, 2025, June 28, 2026, December 28, 2026 and June 28, 2027, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001999729
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 9:55 PM ET
- Size
- 5.7 KB