Regina Ingel - 05 Aug 2023 Form 4 Insider Report for Applied Digital Corp. (APLD)

Reporting relationship: Chief Marketing Officer
Issuer ticker: APLD
Reported as of: 05 Aug 2023
Net transaction value: -$31,620
SEC form: 4
Accepted by SEC: 08 Aug 2023, 16:17:39 UTC
Prior SEC filing: 04 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ David Rench as Attorney-in-Fact

Key filing fact

Regina Ingel filed Form 4 for Applied Digital Corp. (APLD) on 08 Aug 2023.

Key facts

This page summarizes Regina Ingel's Form 4 filing for Applied Digital Corp. (APLD).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 08 Aug 2023, 16:17.

Change

Previous filing in this sequence was filed on 04 Apr 2023.
Current net transaction value: -$31,620.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APLD transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +16,667
Change %: +17%
Price: $0.000000
Shares after: 114,929
Date: 05 Aug 2023
Ownership: Direct
Footnotes: F1

APLD transaction

Common Stock

Tax liability

Transaction value: $31,620
Shares: -4,059
Change %: -3.5%
Price: $7.79
Shares after: 110,870
Date: 05 Aug 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APLD transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -16,667
Change %: -20%
Price: $0.000000
Shares after: 66,667
Date: 05 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,667
Exercise price
Footnotes: F1, F3

APLD holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 60,000
Date: 05 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 60,000
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

Footnote F2

Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.

Footnote F3

16,667 RSUs will vest on August 5, 2023, February 5, 2024, February 5, 2025, and August 5, 2025 and 16,666 RSUs will vest on August 5, 2024.

Footnote F4

One-third of the RSUs will vest on April 4, 2024, and one-sixth of the RSUs will vest on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026.