Kenneth J. Deane - 16 Jul 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Jul 2024, 18:01:38 UTC
Prior SEC filing
11 Jul 2024
Next SEC filing
03 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth J. Deane

Key filing fact

Kenneth J. Deane filed Form 4 for TERAWULF INC. (WULF) on 18 Jul 2024.

Key facts

  • This page summarizes Kenneth J. Deane's Form 4 filing for TERAWULF INC. (WULF).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Jul 2024, 18:01.

Change

  • Previous filing in this sequence was filed on 11 Jul 2024.
  • Current net transaction value: $0.

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

Options Exercise

Transaction value
Shares
+80,000
Change %
+18%
Price
Shares after
520,772
Date
16 Jul 2024
Ownership
Direct
Footnotes
F1
WULF transaction

Common stock, $0.001 par value per share

Disposed to Issuer

Transaction value
Shares
-35,000
Change %
-6.7%
Price
Shares after
485,772
Date
16 Jul 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

WULF transaction Derivative

Performance-Based Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-80,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Jul 2024
Ownership
Direct
Underlying class
Common stock, $0.001 par value per share
Underlying amount
80,000
Exercise price
Footnotes
F1, F3
* 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

The performance stock units vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date.

Footnote F2

The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement of performance stock units, which vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

Footnote F3

Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

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