Home > Insider Trading > Filing (0001144879-23-000146)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1144879	Applied Digital Corp.	APLD	Finance Services (6199)	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	2023-05-17	10,000	$6.17	2,030,686	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	3,689,944	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			416,667	416,667	Direct
Common Stock	Restricted Stock Unit	$0.00			600,000	416,667	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	416,667	416,667	Direct
	600,000	416,667	Direct

Footnotes

Includes 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 $6.03 to $6.27. 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.
Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
83,333 RSUs will vest on August 5, 2023, August 5, 2024, and February 5, 2025 and 83,334 RSUs will vest on February 5, 2024 and August 5, 2025.
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.