0001144879-23-000059.txt : 20230208
0001144879-23-000059.hdr.sgml : 20230208
20230208094605
ACCESSION NUMBER: 0001144879-23-000059
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230207
FILED AS OF DATE: 20230208
DATE AS OF CHANGE: 20230208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cummins Wes
CENTRAL INDEX KEY: 0001391935
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31968
FILM NUMBER: 23597387
MAIL ADDRESS:
STREET 1: 4505 LORRAINE AVE
CITY: DALLAS
STATE: TX
ZIP: 75205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Applied Blockchain, Inc.
CENTRAL INDEX KEY: 0001144879
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 954863690
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 3811 TURTLE CREEK BLVD., SUITE 2125
CITY: DALLAS
STATE: TX
ZIP: 75219
BUSINESS PHONE: 214-556-2465
MAIL ADDRESS:
STREET 1: 3811 TURTLE CREEK BLVD., SUITE 2125
CITY: DALLAS
STATE: TX
ZIP: 75219
FORMER COMPANY:
FORMER CONFORMED NAME: Applied Science Products, Inc.
DATE OF NAME CHANGE: 20110118
FORMER COMPANY:
FORMER CONFORMED NAME: FLIGHT SAFETY TECHNOLOGIES INC
DATE OF NAME CHANGE: 20020926
FORMER COMPANY:
FORMER CONFORMED NAME: REEL STAFF INC
DATE OF NAME CHANGE: 20020910
4
1
wf-form4_167586755217861.xml
FORM 4
X0306
4
2023-02-07
0
0001144879
Applied Blockchain, Inc.
APLD
0001391935
Cummins Wes
3811 TURTLE CREEK BLVD, SUITE 2100
DALLAS
TX
75219
1
1
1
0
CEO; Chairman
Common Stock
3705163
D
Common Stock
17590238
I
See Footnote.
Common Stock
2023-02-07
4
P
0
25000
3.31
A
1820686
I
See Footnote
Restricted Stock Unit
Common Stock
416667.0
416667
D
Includes (i) 62,500 shares of restricted stock which will vest on April 1, 2023, and (ii) 742,166 shares held in the Reporting Person's IRA.
Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO.
Constitutes the weighted average purchase price for multiple transactions reported on this line, having prices per share ranging from $3.28 to $3.33. 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.
Shares are held by B. Riley Asset Management, LLC, of which the Reporting Person is the President.
Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
83,333 RSUs will vest on August 5, 2023, August 5, 2024, and February 5, 2025 and 83,334 RSUs will vest on February 5, 2024 and August 5, 2025.
/s/ David Rench as Attorney-in-Fact
2023-02-08