Kenneth J. Deane - 04 Sep 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
CAO & Treasurer
Signature
/s/ Kenneth J. Deane
Issuer symbol
WULF
Transactions as of
04 Sep 2023
Net transactions value
$0
Form type
4
Filing time
06 Sep 2023, 16:31:43 UTC
Previous filing
17 Aug 2023
Next filing
13 Oct 2023
SEC
View on sec.gov

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 Options Exercise +80,000 +39% 286,876 04 Sep 2023 Direct F1

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 Options Exercise $0 -80,000 -50% $0.000000 80,000 04 Sep 2023 Common Stock 80,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest in two equal installments upon each of the first two six-month anniversaries of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through each such date.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.