Patrick Fleury - 29 Jun 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Aug 2023, 17:40:45 UTC
Prior SEC filing
09 Jun 2023
Next SEC filing
06 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick A. Fleury

Key filing fact

Patrick Fleury filed Form 4 for TERAWULF INC. (WULF) on 17 Aug 2023.

Key facts

  • This page summarizes Patrick Fleury's Form 4 filing for TERAWULF INC. (WULF).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Aug 2023, 17:40.

Change

  • Previous filing in this sequence was filed on 09 Jun 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WULF transaction

Common stock, $0.001 par value per share

Disposed to Issuer

Transaction value
Shares
-105,376
Change %
-16%
Price
Shares after
544,624
Date
29 Jun 2023
Ownership
Direct
Footnotes
F1
WULF transaction

Common stock, $0.001 par value per share

Options Exercise

Transaction value
Shares
+400,000
Change %
+73%
Price
Shares after
944,624
Date
15 Aug 2023
Ownership
Direct
Footnotes
F2
WULF holding

Common stock, $0.001 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
26,414
Date
29 Jun 2023
Ownership
By Teton Rough Riders Mining LLC
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WULF transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-400,000
Change %
-50%
Price
$0.000000
Shares after
400,000
Date
07 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
400,000
Exercise price
Footnotes
F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement of performance stock units, which vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through each such date. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

Footnote F2

The performance stock units vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date.

Footnote F3

By Teton Rough Riders Mining LLC. The Reporting Person is a managing manager of Teton Rough Riders Mining LLC and, as a result, may be deemed to beneficially own the shares of the Issuer's common stock, $0.001 par value per share (the "Common Stock") held by Teton Rough Riders Mining LLC. The Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of 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, or for any other purpose.

Footnote F4

Each performance stock unit represents a contingent right to receive one share of Common Stock.

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