TERAWULF INC. — Director's Dealing 2023

Jun 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERAWULF INC. (WULF)
CIK: 0001083301
Period of Report: 2023-06-07

Reporting Person: Deane Kenneth J (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-07	Common stock, $0.001 par value per share	M	80000	—	Acquired	149996	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-07	Performance Stock Units	$	M	80000	Disposed		Common Stock (80000)	Direct

Footnotes

F1: The performance stock units vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of March 4, 2023, subject to the Reporting Person's continued employment or service with the Issuer through such date

F2: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.