Filing Details

Accession Number:
0001628280-22-015753
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-31 16:36:42
Reporting Period:
2022-05-26
Accepted Time:
2022-05-31 16:36:42
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 2022-05-26 50,000 $3.80 650,303 No 4 P Indirect See Footnote
Common Stock Acquisiton 2022-05-27 20,383 $4.03 670,686 No 4 P Indirect See Footnote
Common Stock Acquisiton 2022-05-31 100,000 $4.81 770,686 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
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.
Footnotes
  1. Includes (i) 500,000 shares of restricted stock, of which 250,000 will vest on April 1, 2022 or, if later, the date that a registration statement including the resale of such shares is declared effective by the SEC (the "Later Date"), and 62,500 will vest on each of July 1, 2022, October 1, 2022, January 1 2023 and April 1, 2023, or in each case, if later, the Later Date, and (iii) 742,166 shares held in the Reporting Person's IRA.
  2. Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO.
  3. Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $3.75 to $3.82. 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.
  4. Shares are held by B. Riley Asset Management, LLC, of which the Reporting Person is the President.
  5. Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $3.92 to $4.25. 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.
  6. Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $4.72 to $4.96. 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.