Sandgren Glenn 4
4 · TERAWULF INC. · Filed Dec 13, 2021
Insider Transaction Report
Form 4
TERAWULF INC.IKNX
Sandgren Glenn
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2021-12-13$33.82/sh−10,000$338,200→ 13,571 total - Disposition to Issuer
Common Stock
2021-12-13−13,571→ 0 total
Footnotes (2)
- [F1]Shares underlying restricted stock unit award canceled in exchange for payment of $33.82 cash per share pursuant to a Restricted Stock Unit Cancellation and Release Agreement with the issuer.
- [F2]Disposed of in exchange for (i) one share of TeraWulf Inc. (f/k/a Telluride Holdco, Inc.) common stock, (ii) one contingent value right, and (iii) $5.00 cash as a result of the consummation of the first merger pursuant to the previously announced Agreement and Plan of Merger, dated June 24, 2021, as amended, by and among the issuer, TeraWulf Inc., Telluride Merger Sub I, Inc., Telluride Merger Sub II, Inc. and TeraClub Inc. (f/k/a TeraWulf Inc).