Rachel H. Lee - Feb 22, 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
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 04:28 PM
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Award $0 +79.2K $0.00 79.2K Feb 22, 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 46,190 shares of restricted stock as an initial grant upon initiation of board service. Of these shares, 15,396 will vest on February 22, 2025 and 15,397 will vest on February 22 of each of 2026 and 2027, as long as the Reporting Person is a director of the issuer on each such date.
F2 Includes 33,029 shares of restricted stock that vest on February 22, 2025 so long as the Reporting Person is a director of the issuer on such date.