Kerri M. Langlais - Sep 4, 2023 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Strategy Officer
Signature
/s/ Kerri M. Langlais
Stock symbol
WULF
Transactions as of
Sep 4, 2023
Transactions value $
$0
Form type
4
Date filed
9/6/2023, 05:30 PM
Previous filing
Aug 17, 2023
Next filing
Oct 16, 2023
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 +400K +26.6% 1.9M Sep 4, 2023 Direct F1
holding WULF Common stock, $0.001 par value per share 865K Sep 4, 2023 By Langlais Family 2021 GST Trust

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 -400K -50% $0.00 400K Sep 4, 2023 Common Stock 400K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest in two equal installments upon each of the first two six-month anniversaries of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through each 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.