Walter E. Carter - Apr 27, 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Director
Signature
/s/ Kenneth J. Deane, as attorney-in-fact for Walter E. Carter
Stock symbol
WULF
Transactions as of
Apr 27, 2023
Transactions value $
$0
Form type
4
Date filed
6/23/2023, 06:06 PM
Previous filing
Mar 7, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WULF Common Stock Award +22.7K +42.13% 76.4K Apr 27, 2023 Direct F1
transaction WULF Common Stock Award +79.2K +103.66% 156K Jun 22, 2023 Direct F2

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 +52.9K $0.00 52.9K Jun 21, 2023 Common Stock 52.9K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock issued in lieu of cash retainers for the first fiscal quarter of 2023, issued at a price of $0.9378 per share, the closing price as of March 31, 2023.
F2 The Reporting Person received restricted stock units which vested upon the first anniversary of June 22, 2022, subject to the Reporting Person's continued employment or service with the Issuer through such date.
F3 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock, $0.001 par value per share.
F4 The restricted stock units vest upon the first anniversary of June 21, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date.