Kenneth J. Deane - May 16, 2022 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Accounting Officer
Signature
/s/ Stefanie C. Fleischmann, as attorney-in-fact For Kenneth J. Deane
Stock symbol
WULF
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
4
Date filed
5/18/2022, 06:53 PM
Previous filing
Dec 15, 2021
Next filing
Mar 7, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WULF Restricted Stock Units Award $0 +300K $0.00 300K May 16, 2022 Common Stock 300K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.
F2 The Restricted Stock Units vest in three equal installments upon each of the first three anniversaries of May 16, 2022, subject to the Reporting Person's continued employment or service with the Issuer through each such date.