Name | Relationship | Address | Signature | Signature date | CIK |
---|---|---|---|---|---|
Khan Nazar M. | Chief Technology Officer, Director | C/O TERAWULF INC., 9 FEDERAL STREET, EASTON | /s/ Nazar M. Khan | 2025-09-03 | 0001877476 |
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 | +2.83% | 14.5M | Aug 29, 2025 | Direct | F1 | ||
transaction | WULF | Common stock, $0.001 par value per share | Disposed to Issuer | -221K | -1.52% | 14.3M | Sep 3, 2025 | Direct | F2 | ||
holding | WULF | Common stock, $0.001 par value per share | 7.27M | Aug 29, 2025 | By Lake Harriet Holdings LLC | F3 | |||||
holding | WULF | Common stock, $0.001 par value per share | 4.02M | Aug 29, 2025 | By Various Trusts | F4 | |||||
holding | WULF | Common stock, $0.001 par value per share | 415K | Aug 29, 2025 | By Yaqeen I Trust | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WULF | Performance-Based Restricted Stock Units | Options Exercise | $0 | -400K | -50% | $0.00 | 400K | Aug 29, 2025 | Common stock, $0.001 par value per share | 400K | Direct | F1, F6 |
Id | Content |
---|---|
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 January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date. |
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 January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date. |
F3 | By Lake Harriet Holdings, LLC ("Lake Harriet Holdings"). The Nazar M. Khan Revocable Trust ("Khan Revocable Trust") is the sole member of Lake Harriet Holdings. The Reporting Person is the sole trustee of the Khan Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Khan Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Khan Revocable Trust. |
F4 | By various trusts. The Reporting Person may be deemed to beneficially own the Shares held by such trusts. The Reporting Person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose. |
F5 | By Yaqeen I Trust. The Reporting Person may be deemed to beneficially own the Shares held by Yaqeen I Trust. The Reporting Person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose. |
F6 | Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. |