Kerri M. Langlais - Mar 4, 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Strategy Officer, Director
Signature
/s/ Kerri M. Langlais
Stock symbol
WULF
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 08:35 PM
Previous filing
Jan 11, 2024
Next filing
Mar 11, 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 Options Exercise +400K +27.08% 1.88M Mar 4, 2024 Direct F1
holding WULF Common stock, $0.001 par value per share 865K Mar 4, 2024 By Langlais Family 2021 GST Trust

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 -400K -100% $0.00* 0 Mar 4, 2024 Common stock, $0.001 par value per share 400K 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.