4//SEC Filing
Benson Ella G. 4
Accession 0001493152-24-052789
CIK 0001144879other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 9:55 PM ET
Size
19.9 KB
Accession
0001493152-24-052789
Insider Transaction Report
Form 4
Benson Ella G.
Director
Transactions
- Award
Common Stock
2024-12-27+28,606→ 130,067 total
Footnotes (3)
- [F1]Restricted stock units ("RSUs") granted on December 27, 2024 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 20, 2025, subject to the Reporting Person's continued service through such date.
- [F2]Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 will vest on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person being a director of the Issuer on each such date.
- [F3]Includes 40,485 shares of restricted stock granted on May 6, 2024 that vest on April 30, 2025, subject to the Reporting Person being a director of the Issuer on such date.
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001695650
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 9:55 PM ET
- Size
- 19.9 KB