Form 4 for WULF TERAWULF INC.
Accepted 2024-05-24 00:00:00 ET · period of report 2024-05-22 · accession 0001877255-24-000010 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-05-24 | 2024-05-22 | WULF | Prager Paul B. | CEO, Dir | J - Other | — | -2.00M | 16.87M | -11% | — |
| 2024-05-24 | 2024-05-22 | WULF | Prager Paul B. | CEO, Dir | D - Sale to Iss | — | -276.5K | 223.5K | -55% | — |
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 | 2024-05-22 | J | D | 2,000,000 | — | 16,868,266 | I | — | — | (F2) 2,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), were contributed to the Beowulf Electricity & Data Employee Discretionary Trust for no consideration. |
| 2 | Common | Common stock, $0.001 par value per share | 2024-05-22 | D | D | 276,500 | — | 223,500 | D By Stammtisch Investments LLC | — | — | (F1) The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement with regard to the vesting of performance stock units, which vested on May 20, 2024, as reflected in a Form 4 filed on such date. (F3) By Stammtisch Investments LLC ("Stammtisch"). The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of Common Stock held by Stammtisch. The Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose. |