Filing Details
- Accession Number:
- 0001628280-22-027119
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-10-26 19:48:40
- Reporting Period:
- 2022-10-24
- Accepted Time:
- 2022-10-26 19:48:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1144879 | Applied Blockchain Inc. | APLD | Services-Computer Programming, Data Processing, Etc. (7370) | 954863690 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1391935 | Wes Cummins | 3811 Turtle Creek Blvd, Suite 2100 Dallas TX 75219 | Ceo; Chairman | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2022-10-24 | 20,000 | $2.04 | 890,686 | No | 4 | P | Indirect | See Footnote |
| Common Stock | Acquisiton | 2022-10-25 | 20,000 | $2.21 | 910,686 | No | 4 | P | Indirect | See Footnote |
| Common Stock | Acquisiton | 2022-10-26 | 20,000 | $2.23 | 930,686 | No | 4 | P | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See Footnote |
| No | 4 | P | Indirect | See Footnote |
| No | 4 | P | Indirect | See Footnote |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,621,830 | Direct | |
| Common Stock | 17,590,238 | Indirect | See Footnote. |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | $0.00 | 500,000 | 500,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 500,000 | 500,000 | Direct |
Footnotes
- Includes (i) 125,000 shares of restricted stock, of which 62,500 will vest on each of January 1, 2023, and April 1, 2023, and (ii) 742,166 shares held in the Reporting Person's IRA.
- Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO.
- Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $1.94 to $2.08. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.
- Shares are held by B. Riley Asset Management, LLC, of which the Reporting Person is the President.
- Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $2.17 to $2.25. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.
- Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $2.16 to $2.33. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025.
Billionaire Hedge Funds
