Kerri M. Langlais - 02 Jan 2025 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Strategy Officer, Director
Signature
/s/ Kerri M. Langlais
Issuer symbol
WULF
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4
Filing time
03 Jan 2025, 18:12:59 UTC
Previous filing
04 Nov 2024
Next filing
10 Jan 2025
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 Award +1,000,000 +33% 4,013,159 02 Jan 2025 Direct F1
transaction WULF Common stock, $0.001 par value per share Disposed to Issuer -539,263 -13% 3,473,896 02 Jan 2025 Direct F2
holding WULF Common stock, $0.001 par value per share 864,701 02 Jan 2025 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 January 2, 2025, as reflected in this Form 4.