REGINA INGEL - 05 Feb 2023 Form 4 Insider Report for Applied Blockchain, Inc. (APLD)

Role
CMO
Signature
/s/ David Rench as Attorney-in-Fact
Issuer symbol
APLD
Transactions as of
05 Feb 2023
Transactions value $
-$16,052
Form type
4
Filing time
07 Feb 2023, 08:13:36 UTC
Previous filing
04 Jan 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Options Exercise +16.7K +18.48% 107K 05 Feb 2023 Direct F1, F2
transaction APLD Common Stock Tax liability -$16.1K -4.88K -4.57% $3.29 102K 05 Feb 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APLD Restricted Stock Unit Options Exercise $0 -16.7K -16.67% $0.00 83.3K 05 Feb 2023 Common Stock 16.7K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Includes 12,500 shares of restricted stock which will vest on April 1, 2023
F3 Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F4 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.