Form 4 for WULF TERAWULF INC.
Accepted 2023-03-13 00:00:00 ET · period of report 2023-03-13 · accession 0000950142-23-000688 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-03-13 | 2023-03-13 | WULF | Khan Nazar M. | COO, CTO, Dir | M - OptEx | — | +1.19M | 5.65M | +27% | — |
| DI | 2023-03-13 | 2023-03-13 | WULF | Khan Nazar M. | COO, CTO, Dir | M - OptEx | — | +1.19M | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock, $0.001 par value per share | 2023-03-13 | M | A | 1,190,476 | — | 5,646,093 | I By Lake Harriet Holdings, LLC | — | — | (F1) Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 1,190,476 warrants to purchase 1,190,476 shares of Common Stock ("Warrants"), at a price of $0.00001 per share for an aggregate purchase price of $11.91. The Warrants were purchased on January 30, 2023 for an aggregate purchase price of $1,250,000. (F2) By Lake Harriet Holdings, LLC. The Reporting Person is the sole manager of Lake Harriet Holdings, LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lake Harriet Holdings, LLC. The Reporting Person disclaims beneficial ownership of the shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose. |
| 2 | Derivative | Warrants to Purchase Common Stock | 2023-03-13 | M | A | 1,190,476 | — | 0 | I By Lake Harriet Holdings, LLC | — · 2023-02-24 to 2023-12-31 | 1,190,476 Common Stock | (F1) Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 1,190,476 warrants to purchase 1,190,476 shares of Common Stock ("Warrants"), at a price of $0.00001 per share for an aggregate purchase price of $11.91. The Warrants were purchased on January 30, 2023 for an aggregate purchase price of $1,250,000. (F2) By Lake Harriet Holdings, LLC. The Reporting Person is the sole manager of Lake Harriet Holdings, LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lake Harriet Holdings, LLC. The Reporting Person disclaims beneficial ownership of the shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose. |