Form 4 for WULF TERAWULF INC.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-06-29 · accession 0001104659-23-093134 · 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 | 2023-08-17 | 2023-08-15 | WULF | Deane Kenneth J | CAO | M - OptEx | — | +80.0K | 206.9K | +63% | — |
| D | 2023-08-17 | 2023-06-29 | WULF | Deane Kenneth J | CAO | D - Sale to Iss | — | -23.1K | 126.9K | -15% | — |
| D | 2023-08-17 | 2023-08-15 | WULF | Deane Kenneth J | CAO | M - OptEx | $0.00 | -80.0K | 80.0K | -50% | $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 | 2023-08-15 | M | A | 80,000 | — | 206,876 | D | — | — | (F2) The performance stock units vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date. |
| 2 | Common | Common stock, $0.001 par value per share | 2023-06-29 | D | D | 23,120 | — | 126,876 | D | — | — | (F1) 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 March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through each such date. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. |
| 3 | Derivative | Performance Stock Units | 2023-08-15 | M | D | 80,000 | $0.00 | 80,000 | D | — · — to — | 80,000 Common Stock | (F3) Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. (F2) The performance stock units vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date. |