Form 4 for WULF TERAWULF INC.
Accepted 2025-01-03 00:00:00 ET · period of report 2025-01-02 · accession 0001877476-25-000001 · 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 | 2025-01-03 | 2025-01-02 | WULF | Khan Nazar M. | CTO, Dir | D - Sale to Iss | — | -546.1K | 13.48M | -4% | — |
| D | 2025-01-03 | 2025-01-02 | WULF | Khan Nazar M. | CTO, Dir | A - Grant | — | +1.00M | 14.03M | +8% | — |
| D | 2025-01-03 | 2025-01-02 | WULF | Khan Nazar M. | CTO, Dir | A - Grant | $0.00 | +800.0K | 800.0K | New | $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 | 2025-01-02 | D | D | 546,131 | — | 13,480,753 | 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 restricted shares of Common Stock which vested on January 2, 2025, as reflected in this Form 4. |
| 2 | Common | Common stock, $0.001 par value per share | 2025-01-02 | A | A | 1,000,000 | — | 14,026,884 | D | — | — | (F1) The Reporting Person received 800,000 restricted shares of the Issuer's common stock, $0.001 par value per share ("Common Stock"), which vested immediately but remain subject to a 1-year transfer restriction. |
| 3 | Derivative | Performance-Based Restricted Stock Units | 2025-01-02 | A | A | 800,000 | $0.00 | 800,000 | D | — · — to — | 800,000 Common stock, $0.001 par value per share | (F6) Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. (F7) The performance stock units will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date. |