Kenneth D. Hegman - 13 Dec 2021 Form 4 Insider Report for TERAWULF INC. (WULF)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
13 Dec 2021, 17:08:02 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ W. Morgan Burns, Attorney-in-Fact

Key filing fact

Kenneth D. Hegman filed Form 4 for TERAWULF INC. (WULF) on 13 Dec 2021.

Key facts

  • This page summarizes Kenneth D. Hegman's Form 4 filing for TERAWULF INC. (WULF).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 13 Dec 2021, 17:08.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$338,200.

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

Disposed to Issuer

Transaction value
$338,200
Shares
-10,000
Change %
-81%
Price
$33.82
Shares after
2,375
Date
13 Dec 2021
Ownership
Direct
Footnotes
F1
WULF transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-2,375
Change %
-100%
Price
Shares after
0
Date
13 Dec 2021
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kenneth D. Hegman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Shares underlying restricted stock unit award canceled in exchange for payment of $33.82 cash per share pursuant to a Restricted Stock Unit Cancellation and Release Agreement with the issuer.

Footnote F2

Disposed of in exchange for (i) one share of TeraWulf Inc. (f/k/a Telluride Holdco, Inc.) common stock, (ii) one contingent value right, and (iii) $5.00 cash as a result of the consummation of the first merger pursuant to the previously announced Agreement and Plan of Merger, dated June 24, 2021, as amended, by and among the issuer, TeraWulf Inc., Telluride Merger Sub I, Inc., Telluride Merger Sub II, Inc. and TeraClub Inc. (f/k/a TeraWulf Inc).

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