Patrick Fleury - Oct 31, 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Financial Officer
Signature
/s/ Patrick Fleury
Stock symbol
WULF
Transactions as of
Oct 31, 2024
Transactions value $
$0
Form type
4
Date filed
11/4/2024, 05:35 PM
Previous filing
Jul 18, 2024

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 Award +1M +46.22% 3.16M Oct 31, 2024 Direct F1
transaction WULF Common stock, $0.001 par value per share Disposed to Issuer -394K -12.44% 2.77M Oct 31, 2024 Direct F2
holding WULF Common stock, $0.001 par value per share 26.4K Oct 31, 2024 By Teton Rough Riders Mining LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received 1,000,000 restricted shares of the Issuer's common stock, $0.001 par value per share, which vested immediately but remain subject to a 1-year transfer restriction.
F2 The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement with regard to the restricted shares of common stock which vested on October 31, 2024, as reflected in this Form 4.
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.