Kerri M. Langlais - 31 Oct 2024 Form 4 Insider Report for TERAWULF INC. (WULF)

Signature
/s/ Kerri M. Langlais
Issuer symbol
WULF
Transactions as of
31 Oct 2024
Net transactions value
$0
Form type
4
Filing time
04 Nov 2024, 17:38:19 UTC
Previous filing
18 Jul 2024
Next filing
03 Jan 2025

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 Award +1,000,000 +39% 3,566,159 31 Oct 2024 Direct F1
transaction WULF Common stock, $0.001 par value per share Disposed to Issuer -553,000 -16% 3,013,159 31 Oct 2024 Direct F2
holding WULF Common stock, $0.001 par value per share 864,701 31 Oct 2024 By Langlais Family 2021 GST Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received 1,000,000 restricted shares of the Issuer's common stock, $0.001 par value per share, which vested immediately but remain subject to a 1-year transfer restriction.
F2 The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement with regard to the restricted shares of common stock which vested on October 31, 2024, as reflected in this Form 4.