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Applied Digital Corp. Director's Dealing 2023

Jan 4, 2023

Director's Dealing

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Issuer: Applied Blockchain, Inc. (APLD)
CIK: 0001144879
Period of Report: 2023-01-01

Reporting Person: INGEL REGINA (CMO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	F	3044	$1.84	Disposed	90182	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (100000.0)	100000	Direct

F1: Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.

F2: Includes 12,500 shares of restricted stock, which will vest on April 1, 2023

F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.

F4: One-sixth (1/6) of the RSUs vest on each of February 5 and August 5 of each of 2023, 2024 and 2025.