Michael C. Bucella - Jun 21, 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Director
Signature
/s/ Kenneth J. Deane, as attorney-in-fact for Michael C. Bucella
Stock symbol
WULF
Transactions as of
Jun 21, 2024
Transactions value $
$0
Form type
4
Date filed
6/25/2024, 09:13 PM
Previous filing
Apr 2, 2024
Next filing
Jul 16, 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 +52.9K +38.18% 192K Jun 21, 2024 Direct F1

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 -52.9K -100% $0.00* 0 Jun 21, 2024 Common stock, $0.001 par value per share 52.9K Direct F2, F3
transaction WULF Restricted Stock Units Award $0 +21.7K $0.00 21.7K Jun 21, 2024 Common stock, $0.001 par value per share 21.7K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received restricted stock units which vested upon the first anniversary of June 21, 2023, subject to the Reporting Person's continued employment or service with the Issuer through 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.
F3 The restricted stock units vested upon the first anniversary of June 21, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date.
F4 The restricted stock units will vest upon the first anniversary of June 21, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date.