| 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 | +2.98% | 13.8M | Jun 20, 2024 | Direct | F1 | ||
| transaction | WULF | Common stock, $0.001 par value per share | Disposed to Issuer | -221K | -1.6% | 13.6M | Jun 20, 2024 | Direct | F2 | ||
| holding | WULF | Common stock, $0.001 par value per share | 4.02M | Jun 20, 2024 | By Various Trusts | F3 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 902K | Jun 20, 2024 | By Yaqeen I Trust | F4 | |||||
| holding | WULF | Common stock, $0.001 par value per share | 7.27M | Jun 20, 2024 | By Lake Harriet Holdings LLC | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WULF | Performance-Based Restricted Stock Units | Options Exercise | -400K | -50% | 400K | Jun 20, 2024 | Common stock, $0.001 par value per share | 400K | Direct | F1, F6, F7 |
| Id | Content |
|---|---|
| F1 | The Reporting Person received performance stock units which will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 9, 2024, 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 performance stock units, which vested on June 20, 2024, as reflected in this Form 4. |
| F3 | By various trusts. The Reporting Person may be deemed to beneficially own the shares of the Issuer's common stock, $0.001 par value per share ("Common Stock"), held by such trusts. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose. |
| F4 | By Yaqeen I Trust. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by Yaqeen I Trust. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose. |
| F5 | By Lake Harriet Holdings, LLC. The Reporting Person is the sole manager of Lake Harriet Holdings, LLC and, as a result, may be deemed to beneficially own the shares of Common Stock held by Lake Harriet Holdings, LLC. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose. |
| F6 | Each performance stock unit represents a contingent right to receive one share of the Common Stock. |
| F7 | The performance stock units will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. |