Jason Griffin New - 18 Oct 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Reporting relationship: Director
Issuer ticker: WULF
Reported as of: 18 Oct 2023
Net transaction value: +$312,796
SEC form: 4
Accepted by SEC: 20 Oct 2023, 20:23:48 UTC
Prior SEC filing: 25 Jul 2023
Next SEC filing: 24 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Jason Griffin New

Key filing fact

Jason Griffin New filed Form 4 for TERAWULF INC. (WULF) on 20 Oct 2023.

Key facts

This page summarizes Jason Griffin New's Form 4 filing for TERAWULF INC. (WULF).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 20 Oct 2023, 20:23.

Change

Previous filing in this sequence was filed on 25 Jul 2023.
Current net transaction value: +$312,796.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WULF transaction

Common stock, $0.001 par value per share

Other

Transaction value
Shares: -1,198,295
Change %: -100%
Price
Shares after: 0
Date: 18 Oct 2023
Ownership: Direct
Footnotes: F1

WULF transaction

Common stock, $0.001 par value per share

Other

Transaction value
Shares: +39,617
Change %
Price
Shares after: 39,617
Date: 19 Oct 2023
Ownership: Direct
Footnotes: F2

WULF transaction

Common stock, $0.001 par value per share

Other

Transaction value
Shares: -39,617
Change %: -100%
Price
Shares after: 0
Date: 19 Oct 2023
Ownership: Direct
Footnotes: F3

WULF transaction

Common stock, $0.001 par value per share

Other

Transaction value
Shares: +39,617
Change %
Price
Shares after: 39,617
Date: 19 Oct 2023
Ownership: NovaWulf Partners Fund New LLC
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WULF transaction Derivative

Warrants

Award

Transaction value: $6,133
Shares: +613,326
Change %
Price: $0.0100^*
Shares after: 613,326
Date: 19 Oct 2023
Ownership: Direct
Underlying class: Common stock, $0.001 par value per share
Underlying amount: 613,326
Exercise price: $0.0100
Footnotes: F2

WULF transaction Derivative

Warrants

Award

Transaction value: $306,663
Shares: +306,663
Change %
Price: $1.00
Shares after: 306,663
Date: 19 Oct 2023
Ownership: Direct
Underlying class: Common stock, $0.001 par value per share
Underlying amount: 306,663
Exercise price: $1.00
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

599,147 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO BEN for no consideration, and 599,148 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO CKN for no consideration.

Footnote F2

NovaWulf Digital Private Fund LLC distributed warrants and shares of common stock, par value $0.001 per share, to its members, including the Reporting Person.

Footnote F3

This transaction involved the Reporting Person's contribution of 39,617 shares of common stock, par value $0.001 per share to NovaWulf Partners Fund New LLC ("NovaWulf Fund New"). The Reporting Person is the sole manager of NovaWulf Fund New, and, as a result, may be deemed to beneficially own the shares of common stock held by NovaWulf Fund New. 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.