4//SEC Filing
Fleury Patrick 4
Accession 0001652256-24-000011
CIK 0001083301other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 9:12 PM ET
Size
10.7 KB
Accession
0001652256-24-000011
Insider Transaction Report
Form 4
TERAWULF INC.WULF
Fleury Patrick
Chief Financial Officer
Transactions
- Exercise/Conversion
Performance-Based Restricted Stock Units
2024-06-27−140,000→ 0 total→ Common stock, $0.001 par value per share (140,000 underlying) - Exercise/Conversion
Common stock, $0.001 par value per share
2024-06-27+140,000→ 1,891,269 total - Disposition to Issuer
Common stock, $0.001 par value per share
2024-07-01−55,090→ 1,836,179 total
Holdings
- 26,414(indirect: By LLC)
Common stock, $0.001 par value per share
Footnotes (5)
- [F1]The Reporting Person received performance stock units which vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 9, 2024, 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 performance stock units, which vested on June 27, 2024, as reflected in this Form 4.
- [F3]By Teton Rough Riders Mining LLC. The Reporting Person is a managing manager of Teton Rough Riders Mining LLC and, as a result, may be deemed to beneficially own the shares of the Issuer's common stock, $0.001 par value per share (the "Common Stock") held by Teton Rough Riders Mining LLC. The Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F4]Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]The performance stock units vested 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.
Documents
Issuer
TERAWULF INC.
CIK 0001083301
Entity typeother
Related Parties
1- filerCIK 0001652256
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 9:12 PM ET
- Size
- 10.7 KB