VIRGINIA MOORE - 12 Apr 2022 Form 3 Insider Report for Applied Blockchain, Inc. (APLD)

Role
Director
Signature
/s/ David Rench as attorney-in-fact
Issuer symbol
APLD
Transactions as of
12 Apr 2022
Net transactions value
$0
Form type
3
Filing time
12 Apr 2022, 19:44:39 UTC
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding APLD Common Stock 100,000 12 Apr 2022 Direct F1
holding APLD Common Stock 613,163 12 Apr 2022 See Footnote F2
holding APLD Common Stock 217,617 12 Apr 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 100,000 shares of restricted stock granted as stock compensation for the Reporting Person's board service, 50,000 of which will vest on each of (i) April 1, 2022 or the date, if later, on which the SEC declares effective a registration statement covering the resale of the shares of restricted stock and (ii) April 1, 2023, so long as the Reporting Person is a director of the issuer on each such date.
F2 Consists of shares of common stock held by B. Riley Securities, Inc., of which Andrew Moore, the Reporting Person's spouse, is the Chief Executive Officer.
F3 Consists of shares of common stock held directly by Andrew Moore, the Reporting Person's spouse.

Remarks:

All share numbers reflect a 1-for-6 reverse stock split effected on April 12, 2022.