Kate Reed - Jan 9, 2024 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
Director
Signature
/s/ David Rench as Attorney-in-Fact
Stock symbol
APLD
Transactions as of
Jan 9, 2024
Transactions value $
$0
Form type
4
Date filed
1/11/2024, 05:33 PM
Previous filing
Nov 13, 2023
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Award $0 +23.5K +69.69% $0.00 57.2K Jan 9, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,475 shares of restricted stock as an initial grant upon initiation of board service. These shares will vest a third on each of November 9, 2024, 2025, and 2026, as long as the Reporting Person is a director of the issuer on each such date.
F2 Includes 33,685 shares of restricted stock that vest on November 9, 2024 so long as the Reporting Person is a director of the issuer on such date.