Form 4 for WULF TERAWULF INC.

Accepted 2025-01-10 00:00:00 ET · period of report 2025-01-09 · accession 0001877476-25-000003 · 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	2025-01-10	2025-01-09	WULF	Khan Nazar M.	CTO, Dir	A - Grant	—	+400.0K	13.88M	+3%	—
D	2025-01-10	2025-01-09	WULF	Khan Nazar M.	CTO, Dir	D - Sale to Iss	—	-221.2K	13.66M	-2%	—
D	2025-01-10	2025-01-09	WULF	Khan Nazar M.	CTO, Dir	M - OptEx	—	-400.0K	0	-100%	—

Purchase Sale Sale after option exercise All abbreviations

#	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	2025-01-09	A	A	400,000	—	13,880,753	D	—	—	(F1) The Reporting Person received restricted stock units which vested in accordance with their terms upon the first 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	2025-01-09	D	D	221,200	—	13,659,553	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 January 9, 2025, as reflected in this Form 4.
3	Derivative	Restricted Stock Units	2025-01-09	M	D	400,000	—	0	D	— · — to —	400,000 Common stock, $0.001 par value per share	(F7) The restricted stock units vested upon the first anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date. (F6) Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share.