TERAWULF INC. — Director's Dealing 2023

Jun 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERAWULF INC. (WULF)
CIK: 0001083301
Period of Report: 2023-04-27

Reporting Person: Carter Walter E. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-27	Common Stock	A	22660	—	Acquired	76449	Direct
2023-06-22	Common Stock	A	79248	—	Acquired	155697	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-21	Restricted Stock Units	$	A	52942	Acquired		Common Stock (52942)	Direct

Footnotes

F1: Shares of common stock issued in lieu of cash retainers for the first fiscal quarter of 2023, issued at a price of $0.9378 per share, the closing price as of March 31, 2023.

F2: The Reporting Person received restricted stock units which vested upon the first anniversary of June 22, 2022, subject to the Reporting Person's continued employment or service with the Issuer through such date.

F3: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock, $0.001 par value per share.

F4: The restricted stock units vest upon the first anniversary of June 21, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date.