Form 4 for WULF TERAWULF INC.
Accepted 2024-07-11 00:00:00 ET · period of report 2024-07-09 · accession 0001877255-24-000024 · 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 | 2024-07-11 | 2024-07-09 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | +500.0K | 1.17M | +75% | — |
| D | 2024-07-11 | 2024-07-09 | WULF | Prager Paul B. | CEO, Dir | D - Sale to Iss | — | -276.5K | 894.0K | -24% | — |
| D | 2024-07-11 | 2024-07-09 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | -500.0K | 500.0K | -50% | — |
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 | 2024-07-09 | M | A | 500,000 | — | 1,170,500 | D | — | — | (F1) The Reporting Person received restricted stock units which vested in accordance with their terms upon the first six month anniversary of January 9, 2024, as reflected in this Form 4, 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 | 2024-07-09 | D | D | 276,500 | — | 894,000 | D | — | — | (F2) 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 restricted stock units, which vested on July 9, 2024, as reflected in this Form 4. |
| 3 | Derivative | Restricted Stock Units | 2024-07-09 | M | D | 500,000 | — | 500,000 | D | — · — to — | 500,000 Common stock, $0.001 par value per share | (F9) The restricted stock units vested upon the first six month anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. The remaining restricted stock units will vest upon the second six month anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. (F8) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |