Filing Details

Accession Number:
0001493152-24-044822
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-12 17:00:32
Reporting Period:
2024-11-07
Accepted Time:
2024-11-12 17:00:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1144879 Applied Digital Corp. APLD Services-Computer Processing & Data Preparation (7374) 954863690
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1166816 N Richard Nottenburg 3811 Turtle Creek Boulevard
Suite 2100
Dallas TX 75219
Yes No No 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 Disposition 2024-11-07 19,369 $7.51 384,317 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The Reportion Person is using the proceeds from the sale of these shares to pay income tax liability associated with the vesting of certain shares of restricted stock.
  2. Constitutes the weighted average sales price for multiple transactions reported on this line, having prices per share ranging from $7.50 to $7.52. The Reporting Person will provide upon request by the Securities and Exchange Commission Staff, Applied Digital Corporation (the "Company") or a security holder of the Company, full information regarding each separate transaction.
  3. Includes 300,000 shares of restricted stock granted to the Reporting Person on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the board of directors of Applied Digital Cloud Corporation, a subsidiary of the Company. The shares of restricted stock vest as follows: 100,000 shares on May 13, 2025 (the first anniversary of the grant date), 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Company and Applied Digital Cloud Corporation on each such date.