Jason Griffin New - Oct 18, 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Director
Signature
/s/ Jason Griffin New
Stock symbol
WULF
Transactions as of
Oct 18, 2023
Transactions value $
$312,796
Form type
4
Date filed
10/20/2023, 08:23 PM
Previous filing
Jul 25, 2023
Next filing
Oct 24, 2023

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 Other -1.2M -100% 0 Oct 18, 2023 Direct F1
transaction WULF Common stock, $0.001 par value per share Other +39.6K 39.6K Oct 19, 2023 Direct F2
transaction WULF Common stock, $0.001 par value per share Other -39.6K -100% 0 Oct 19, 2023 Direct F3
transaction WULF Common stock, $0.001 par value per share Other +39.6K 39.6K Oct 19, 2023 NovaWulf Partners Fund New LLC F3

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 Warrants Award $6.13K +613K $0.01* 613K Oct 19, 2023 Common stock, $0.001 par value per share 613K $0.01 Direct F2
transaction WULF Warrants Award $307K +307K $1.00 307K Oct 19, 2023 Common stock, $0.001 par value per share 307K $1.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 599,147 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO BEN for no consideration, and 599,148 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO CKN for no consideration.
F2 NovaWulf Digital Private Fund LLC distributed warrants and shares of common stock, par value $0.001 per share, to its members, including the Reporting Person.
F3 This transaction involved the Reporting Person's contribution of 39,617 shares of common stock, par value $0.001 per share to NovaWulf Partners Fund New LLC ("NovaWulf Fund New"). The Reporting Person is the sole manager of NovaWulf Fund New, and, as a result, may be deemed to beneficially own the shares of common stock held by NovaWulf Fund New. 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 common stock for purposes of Section 16 of the Exchange Act, or for any other purpose.