Form 4 for WULF TERAWULF INC.
Accepted 2024-07-01 00:00:00 ET · period of report 2024-06-27 · accession 0001877257-24-000018 · 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 | 2024-07-01 | 2024-07-01 | WULF | Langlais Kerri M. | Chief Strategy Off, Dir | D - Sale to Iss | — | -77.4K | 2.32M | -3% | — |
| D | 2024-07-01 | 2024-06-27 | WULF | Langlais Kerri M. | Chief Strategy Off, Dir | M - OptEx | — | +140.0K | 2.40M | +6% | — |
| D | 2024-07-01 | 2024-06-27 | WULF | Langlais Kerri M. | Chief Strategy Off, Dir | M - OptEx | — | -140.0K | 0 | -100% | — |
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 | 2024-07-01 | D | D | 77,420 | — | 2,324,779 | 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 performance stock units, which vested on June 27, 2024, as reflected in this Form 4. |
| 2 | Common | Common stock, $0.001 par value per share | 2024-06-27 | M | A | 140,000 | — | 2,402,199 | D | — | — | (F1) The Reporting Person received performance stock units which vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third 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. |
| 3 | Derivative | Performance-Based Restricted Stock Units | 2024-06-27 | M | D | 140,000 | — | 0 | D | — · — to — | 140,000 Common stock, $0.001 par value per share | (F4) The performance stock units vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. (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. |