Douglas S. Miller - 17 Oct 2024 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
17 Oct 2024
Net transactions value
-$80,130
Form type
4
Filing time
21 Oct 2024, 21:50:36 UTC
Previous filing
09 Sep 2024
Next filing
31 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Sale $80,130 -10,000 -4.6% $8.01 208,506 17 Oct 2024 Direct F1, F2
transaction APLD Common Stock Gift $0 -1,500 -0.72% $0.000000 207,006 18 Oct 2024 Direct
transaction APLD Common Stock Gift $0 -1,500 -0.72% $0.000000 205,506 18 Oct 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reportion Person is holding the proceeds from the sales primarily to pay income tax liability associated with the vesting of the subject securities.
F2 Constitutes the weighted average sales price for multiple transactions reported on this line, having prices per share ranging from $8.00 to $8.03. The Reporting Person will provide upon request by the Securities and Exchange Commission Staff, Applied Digital Corporation (the "Company") or a security holder of the Company, full information regarding each separate transaction.
F3 Includes 33,685 shares of restricted stock granted to the Reporting Person on November 9, 2023 for his service as a non-employee director on the Company's board of directors. These shares of restricted stock will vest in full on November 9, 2024 (the first anniversary of the grant date).

Remarks:

Exhibit 24 - Power of Attorney