Revolve Capital LLC - 28 Feb 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Reporting relationship: 10%+ Owner
Issuer ticker: WULF
Reported as of: 28 Feb 2023
Net transaction value: +$2,116,775
SEC form: 4
Accepted by SEC: 02 Mar 2023, 17:13:50 UTC
Prior SEC filing: 11 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Lauren O'Rourke, President

Key filing fact

Revolve Capital LLC filed Form 4 for TERAWULF INC. (WULF) on 02 Mar 2023.

Key facts

This page summarizes Revolve Capital LLC's Form 4 filing for TERAWULF INC. (WULF).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 02 Mar 2023, 17:13.

Change

Previous filing in this sequence was filed on 11 Oct 2022.
Current net transaction value: +$2,116,775.

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

Other

Transaction value: $1,253,973
Shares: +3,134,932
Change %: +25%
Price: $0.4000^*
Shares after: 15,703,616
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F1

WULF transaction

Common Stock

Other

Transaction value: $862,802
Shares: +2,157,006
Change %: +14%
Price: $0.4000^*
Shares after: 17,860,622
Date: 28 Feb 2023
Ownership: Direct
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 2 footnotes

Footnote F1

On February 28, 2023, a convertible promissory note held by the reporting person in principal amount of $1,250,000, together with accrued and unpaid interest thereon, was automatically converted into 3,134,932 shares of common stock in accordance with its terms, at a conversion price of $0.40.

Footnote F2

On February 28, 2023, a convertible promissory note held by the reporting person in principal amount of $853,912.33, together with accrued and unpaid interest thereon, was automatically converted into 2,157,006 shares of common stock in accordance with its terms, at a conversion price of $0.40.