Deane Kenneth J 4
4 · TERAWULF INC. · Filed May 19, 2025
Insider Transaction Report
Form 4
TERAWULF INC.WULF
Deane Kenneth J
Chief Acct Officer + Treasurer
Transactions
- Exercise/Conversion
Common stock, $0.001 par value per share
2025-05-16+100,000→ 624,151 total - Exercise/Conversion
Restricted Stock Units
2025-05-16−100,000→ 0 total→ Common stock, $0.001 par value per share (100,000 underlying) - Disposition to Issuer
Common stock, $0.001 par value per share
2025-05-16−28,750→ 595,401 total
Footnotes (4)
- [F1]The Reporting Person received restricted stock units which vested in accordance with their terms upon the third anniversary of May 16, 2022, as reflected in this Form 4, subject to the Reporting Person's continued employment or service with the Issuer through such date.
- [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 May 16, 2025, as reflected in this Form 4.
- [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 vested on the third anniversary of May 16, 2022, subject to the Reporting Person's continued employment or service with the Issuer through each such date.