David Rench - Aug 5, 2022 Form 4 Insider Report for Applied Blockchain, Inc. (APLD)

Role
Chief Financial Officer
Signature
David Rench
Stock symbol
APLD
Transactions as of
Aug 5, 2022
Transactions value $
$0
Form type
4
Date filed
8/9/2022, 08:34 PM
Previous filing
Apr 12, 2022
Next filing
Aug 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding APLD Common Stock 167K Aug 5, 2022 Direct F1

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 +250K $0.00 250K Aug 5, 2022 Common Stock 250K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 166,666 shares of restricted stock, of which 83,333 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 20,833 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.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F3 One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025.