Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | APLD | Common Stock | 3.62M | Aug 5, 2022 | Direct | F1 | |||||
holding | APLD | Common Stock | 17.6M | Aug 5, 2022 | See Footnote. | F2 | |||||
holding | APLD | Common Stock | 771K | Aug 5, 2022 | See Footnote | F3 |
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 | +500K | $0.00 | 500K | Aug 5, 2022 | Common Stock | 500K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Includes (i) 500,000 shares of restricted stock, of which 250,000 will vest on April 1, 2022 or, if later, the date that a registration statement including the resale of such shares is declared effective by the SEC (the "Later Date"), and 62,500 will vest on each of July 1, 2022, October 1, 2022, January 1 2023 and April 1, 2023, or in each case, if later, the Later Date, and (iii) 742,166 shares held in the Reporting Person's IRA. |
F2 | Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO. |
F3 | Shares are held by B. Riley Asset Management, LLC, of which the Reporting Person is the President. |
F4 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. |
F5 | One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025. |