David Rench - Nov 15, 2024 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
Chief Administrative Officer
Signature
/s/ David Rench
Stock symbol
APLD
Transactions as of
Nov 15, 2024
Transactions value $
$0
Form type
4
Date filed
11/19/2024, 09:55 PM
Previous filing
Oct 8, 2024
This filing has been restated, see here for the amended filing

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
transaction APLD Restricted Stock Unit Award $0 +490K $0.00 490K Nov 15, 2024 Common Stock 490K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") granted on November 15, 2024 represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, cash or a combination thereof.
F2 The RSUs have no expiration date and vest in six equal installments, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.

Remarks:

Exhibit 24 - Power of Attorney