| 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 | +500K | +74.57% | 1.17M | Jul 9, 2024 | Direct | F1 | ||
| transaction | WULF | Common stock, $0.001 par value per share | Disposed to Issuer | -277K | -23.62% | 894K | Jul 9, 2024 | Direct | F2 | ||
| holding | WULF | Common stock, $0.001 par value per share | 8.2M | Jul 9, 2024 | By Stammtisch Investments LLC | F3 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 261K | Jul 9, 2024 | By Beowulf Electricity & Data Inc. | F4 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 5K | Jul 9, 2024 | By Heorot Power Holdings LLC | F5 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 655K | Jul 9, 2024 | By Lucky Liefern LLC | F6 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 10.6K | Jul 9, 2024 | By Somerset Operating Company, LLC | F7 |
| 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 | -500K | -50% | 500K | Jul 9, 2024 | Common stock, $0.001 par value per share | 500K | Direct | F8, F9 |
| Id | Content |
|---|---|
| F1 | The Reporting Person received restricted stock units which vested in accordance with their terms upon the first six month anniversary of January 9, 2024, as reflected in this Form 4, subject to the Reporting Person's continued employment or service with the Issuer through such date. |
| 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 vesting of restricted stock units, which vested on July 9, 2024, as reflected in this Form 4. |
| F3 | By Stammtisch Investments LLC ("Stammtisch"). The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the Issuer's shares of common stock, $0.001 par value per share ("Common Stock") held by Stammtisch. 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. |
| F4 | By Beowulf Electricity & Data Inc. ("Beowulf E&D") The Reporting Person is the sole shareholder of Beowulf E&D and, as a result, may be deemed to beneficially own the shares of Common Stock held by Beowulf E&D. 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. |
| F5 | By Heorot Power Holdings LLC ("Heorot"). The Reporting Person is the sole manager of Heorot and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the 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 Exchange Act, or for any other purpose |
| F6 | By Lucky Liefern LLC. The Reporting Person is the sole manager of Lucky Liefern LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lucky Liefern LLC. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the 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 Exchange Act, or for any other purpose. |
| F7 | By Somerset Operating Company, LLC ("Somerset"). The Reporting Person is the sole manager of Somerset and, as a result, may be deemed to beneficially own the shares of Common Stock held by Somerset. 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. |
| F8 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
| F9 | The restricted stock units vested upon the first six month anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. The remaining restricted stock units will vest upon the second six month anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. |