Filing Details
- Accession Number:
- 0001144879-23-000033
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-01-17 10:18:14
- Reporting Period:
- 2023-01-13
- Accepted Time:
- 2023-01-17 10:18:14
- 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 | 2023-01-13 | 75,000 | $2.17 | 1,550,686 | No | 4 | P | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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) 62,500 shares of restricted stock which will vest on 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 $2.09 to $2.30. 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.
- 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
