Walter E. Carter - 21 Jun 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Director
Signature
/s/ Kenneth J. Deane, as attorney-in-fact for Walter E. Carter
Issuer symbol
WULF
Transactions as of
21 Jun 2024
Net transactions value
$0
Form type
4
Filing time
25 Jun 2024, 21:14:30 UTC
Previous filing
02 Apr 2024
Next filing
16 Jul 2024
SEC
View on sec.gov

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 +52,942 +26% 260,071 21 Jun 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 -52,942 -100% $0.000000* 0 21 Jun 2024 Common stock, $0.001 par value per share 52,942 Direct F2, F3
transaction WULF Restricted Stock Units Award $0 +21,661 $0.000000 21,661 21 Jun 2024 Common stock, $0.001 par value per share 21,661 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.