David Rench - Jan 1, 2023 Form 4 Insider Report for Applied Blockchain, Inc. (APLD)

Role
Chief Financial Officer
Signature
David Rench
Stock symbol
APLD
Transactions as of
Jan 1, 2023
Transactions value $
-$9,334
Form type
4
Date filed
1/4/2023, 03:37 PM
Previous filing
Nov 28, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Tax liability -$9.33K -5.07K -3.48% $1.84 141K Jan 1, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding APLD Restricted Stock Unit 250K Jan 1, 2023 Common Stock 250K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2 Includes 20,833 shares of restricted stock, which will vest on April 1, 2023.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F4 One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025.