KELLI MCDONALD - 04 Apr 2023 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
Director
Signature
/s/ David Rench as Attorney-in-Fact
Issuer symbol
APLD
Transactions as of
04 Apr 2023
Net transactions value
$0
Form type
4
Filing time
05 Apr 2023, 16:20:13 UTC
Previous filing
12 Apr 2022
Next filing
13 Nov 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 Award $0 +76,191 +76% $0.000000 176,191 04 Apr 2023 Direct F1, F2
transaction APLD Common Stock Award $0 +18,630 +11% $0.000000 194,821 04 Apr 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of restricted stock due to non-employee directors for board service for the 12 months commencing November 10, 2022.
F2 Includes 76,191 shares of restricted stock that vest on November 10, 2023 so long as the Reporting Person is a director of the issuer on such date.
F3 Consists of shares of restricted stock due to non-employee directors for board service from April 12, 2022 to November 10, 2022 that vest immediately.