David Rench - 31 Aug 2022 Form 4 Insider Report for Applied Blockchain, Inc. (APLD)

Role
Chief Financial Officer
Signature
David Rench
Issuer symbol
APLD
Transactions as of
31 Aug 2022
Net transactions value
+$7,504
Form type
4
Filing time
31 Aug 2022, 19:46:34 UTC
Previous filing
09 Aug 2022
Next filing
28 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Purchase $7,504 +3,490 +2.1% $2.15 170,631 31 Aug 2022 Direct F1

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 250,000 31 Aug 2022 Common Stock 250,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 166,666 shares of restricted stock, of which 83,333 will vest on April 1, 2022 or, if later, the date that a registration statement including the resale of such shares is declared effective by the SEC (the "Later Date"), and 20,833 will vest on each of July 1, 2022, October 1, 2022, January 1, 2023, and April 1, 2023, or in each case, if later, the Later Date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F3 One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025.