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TERAWULF INC. — Director's Dealing 2024
May 20, 2024
31209_dirs_2024-05-20_d0d245a9-a96e-49a3-92ad-e8d831b4d7ea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TERAWULF INC. (WULF)
CIK: 0001083301
Period of Report: 2024-05-20
Reporting Person: Langlais Kerri M. (Director, Chief Strategy Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-20 | Common stock, $0.001 par value per share | M | 140000 | — | Acquired | 1844689 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-20 | Performance-Based Restricted Stock Units | $ | M | 140000 | Disposed | Common stock, $0.001 par value per share (140000) | Direct |
Footnotes
F1: The Reporting Person received performance stock units which will vest 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.
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.
F3: 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 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date.