REGINA INGEL - 01 Jan 2023 Form 4 Insider Report for Applied Blockchain, Inc. (APLD)

Role
CMO
Signature
/s/ David Rench as Attorney-in-Fact
Issuer symbol
APLD
Transactions as of
01 Jan 2023
Net transactions value
-$5,601
Form type
4
Filing time
04 Jan 2023, 15:33:46 UTC
Previous filing
14 Nov 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Tax liability $5,601 -3,044 -3.3% $1.84 90,182 01 Jan 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 100,000 01 Jan 2023 Common Stock 100,000 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 12,500 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.

Remarks:

The Reporting Person's ownership and vesting schedule in this report contain an administrative correction.