Home/Filings/4/0001144879-23-000085
4//SEC Filing

INGEL REGINA 4

Accession 0001144879-23-000085

CIK 0001144879other

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 8:41 PM ET

Size

8.7 KB

Accession

0001144879-23-000085

Insider Transaction Report

Form 4
Period: 2023-04-01
Transactions
  • Tax Payment

    Common Stock

    2023-04-01$2.24/sh3,707$8,30498,262 total
  • Award

    Restricted Stock Unit

    2023-04-04+60,00060,000 total
    Common Stock (60,000 underlying)
Holdings
  • Restricted Stock Unit

    Common Stock (83,334 underlying)
    83,334
Footnotes (4)
  • [F1]Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
  • [F2]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
  • [F3]16,667 RSUs will vest on August 5, 2023, February 5, 2024, February 5, 2025, and August 5, 2025 and 16,666 RSUs will vest on August 5, 2024.
  • [F4]One-third of the RSUs will vest on April 4, 2024, and one-sixth of the RSUs will vest on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026.

Issuer

Applied Digital Corp.

CIK 0001144879

Entity typeother

Related Parties

1
  • filerCIK 0001899768

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 8:41 PM ET
Size
8.7 KB