4//SEC Filing
RENCH DAVID 4
Accession 0001493152-24-049865
CIK 0001144879other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 9:55 PM ET
Size
9.4 KB
Accession
0001493152-24-049865
Insider Transaction Report
Form 4
RENCH DAVID
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-12-01$10.10/sh−31,958$322,776→ 385,288 total - Exercise/Conversion
Common Stock
2024-12-01+81,666→ 417,246 total - Exercise/Conversion
Restricted Stock Unit
2024-12-01−81,666→ 408,334 total→ Common Stock (81,666 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 November 15, 2024, vesting in six equal installments on each of December 1, 2024, June 1, 2025, December 1, 2025, June 1, 2026, December 1, 2026 and June 1, 2027, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.
- [F4]No expiration date.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001898844
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 9:55 PM ET
- Size
- 9.4 KB