Kenneth J. Deane - 02 Jan 2025 Form 4 Insider Report for TERAWULF INC. (WULF)

Role: Chief Acct Officer + Treasurer
Signature: /s/ Kenneth J. Deane
Issuer symbol: WULF
Transactions as of: 02 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2025, 18:14:34 UTC
Previous filing: 18 Jul 2024
Next filing: 10 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WULF	Common stock, $0.001 par value per share						485,772	02 Jan 2025	Direct

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	+80,000		$0.000000	80,000	02 Jan 2025	Common stock, $0.001 par value per share	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	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 January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date.