| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | APLD | Common Stock | Award | $0 | +28.6K | +28.19% | $0.00 | 130K | Dec 27, 2024 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Restricted stock units ("RSUs") granted on December 27, 2024 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 20, 2025, subject to the Reporting Person's continued service through such date. |
| F2 | Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 will vest on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person being a director of the Issuer on each such date. |
| F3 | Includes 40,485 shares of restricted stock granted on May 6, 2024 that vest on April 30, 2025, subject to the Reporting Person being a director of the Issuer on such date. |
Exhibit 24 - Power of Attorney