Form 4 for WULF TERAWULF INC.

Accepted 2022-10-11 00:00:00 ET · period of report 2022-10-06 · accession 0001104659-22-107811 · 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	2022-10-11	2022-10-06	WULF	Pascual Bryan J.	10%	P - Purchase	—	+1.59M	15.93M	+11%	—
DI	2022-10-11	2022-10-06	WULF	Pascual Bryan J.	10%	P - Purchase	—	+1.59M	1.59M	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	2022-10-06	P	A	1,587,302	—	15,926,342	I By LLC	—	—	(F1) Represents the purchase of 1,587,302 units of the Issuer ("Units"), with each Unit consisting of one share of Common Stock (defined below) and one warrant to purchase one share of Common Stock ("Warrants"), at a price of $1.26 per Unit for an aggregate purchase price of $2,000,000. The shares of the Common Stock and the Warrants comprising the Units were issued separately and are tradeable separately. (F2) The reported shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock"), and warrants to purchase Common Stock are held Bayshore Capital LLC ("Bayshore"). The BJP Revocable Trust dated December 10, 2021 (the "Trust") is the sole member of Bayshore. Mr. Bryan Pascual is the sole trustee and sole lifetime beneficiary of the Trust and may be deemed to beneficially own the Issuer securities held by the Trust. Each of Bayshore, the Trust and Mr. Pascual disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities 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	2022-10-06	P	A	1,587,302	—	1,587,302	I By LLC	$1.93 · 2022-10-06 to 2027-10-06	1,587,302 Common Stock	(F1) Represents the purchase of 1,587,302 units of the Issuer ("Units"), with each Unit consisting of one share of Common Stock (defined below) and one warrant to purchase one share of Common Stock ("Warrants"), at a price of $1.26 per Unit for an aggregate purchase price of $2,000,000. The shares of the Common Stock and the Warrants comprising the Units were issued separately and are tradeable separately. (F2) The reported shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock"), and warrants to purchase Common Stock are held Bayshore Capital LLC ("Bayshore"). The BJP Revocable Trust dated December 10, 2021 (the "Trust") is the sole member of Bayshore. Mr. Bryan Pascual is the sole trustee and sole lifetime beneficiary of the Trust and may be deemed to beneficially own the Issuer securities held by the Trust. Each of Bayshore, the Trust and Mr. Pascual disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.