Form 4 for WULF TERAWULF INC.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-16 · accession 0001104659-23-061937 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-17 | 2023-05-16 | WULF | Fleury Patrick | CFO | M - OptEx | — | +250.0K | 250.0K | New | — |
| D | 2023-05-17 | 2023-05-16 | WULF | Fleury Patrick | CFO | M - OptEx | $0.00 | -250.0K | 750.0K | -25% | $0 |
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 | 2023-05-16 | M | A | 250,000 | — | 250,000 | D | — | — | (F1) The Reporting Person received restricted stock units subject to a three-year vesting schedule, 25% vesting upon each of the first two anniversaries of May 16, 2022 and the remaining 50% vesting upon the third anniversary of May 16, 2022, in each case, subject to the Reporting Person's continued employment or service with the Issuer through each such date. |
| 2 | Derivative | Restricted Stock Units | 2023-05-16 | M | D | 250,000 | $0.00 | 750,000 | D | — · — to — | 250,000 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Common Stock. (F1) The Reporting Person received restricted stock units subject to a three-year vesting schedule, 25% vesting upon each of the first two anniversaries of May 16, 2022 and the remaining 50% vesting upon the third anniversary of May 16, 2022, in each case, subject to the Reporting Person's continued employment or service with the Issuer through each such date. |