Paul B. Prager - Mar 11, 2022 Form 4 Insider Report for TERAWULF INC. (WULF)

Signature
/s/ Paul B. Prager
Stock symbol
WULF
Transactions as of
Mar 11, 2022
Transactions value $
$2,500,001
Form type
4
Date filed
4/13/2022, 05:12 PM
Previous filing
Mar 10, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WULF Common stock, $0.001 par value per share Purchase $2.5M +317K +94.02% $7.88 655K Apr 11, 2022 By Lucky Liefern LLC F1
holding WULF Common stock, $0.001 par value per share 375K Mar 11, 2022 By Heorot Power Holdings LLC F2
holding WULF Common stock, $0.001 par value per share 30.9M Mar 11, 2022 By Stammtisch Investments LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By Lucky Liefern LLC. The Reporting Person is the sole manager of Lucky Liefern LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lucky Liefern LLC.The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),or for any other purpose. These shares of Common Stock were purchased by Lucky Liefern directly from the issuer in transactions at a weighted average price of $7.76 per share.
F2 By Heorot Power Holdings LLC. The Reporting Person is the beneficial owner and CEO Manager of Heorot Power Holdings LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot Power Holdings LLC. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.
F3 By Stammtisch Investments LLC. The Reporting Person is the sole manager of Stammtisch Investments LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch Investments LLC. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.