FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
TERAWULF INC. [ WULF ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/18/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
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Code | V | Amount | (A) or (D) | Price | ||||||
Common stock, $0.001 par value per share | 10/18/2023 | J | 1,198,295 | D | (1) | 0 | D | |||
Common stock, $0.001 par value per share | 10/19/2023 | J | 39,617 | A | (2) | 39,617 | D | |||
Common stock, $0.001 par value per share | 10/19/2023 | J | 39,617 | D | (3) | 0 | D | |||
Common stock, $0.001 par value per share | 10/19/2023 | J | 39,617 | A | (3) | 39,617 | I | NovaWulf Partners Fund New LLC |
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants | $0.01 | 10/19/2023 | A(2) | 613,326 | 04/01/2024 | 12/31/2025 | Common stock, $0.001 par value per share | 613,326 | $0.01 | 613,326 | D | ||||
Warrants | $1 | 10/19/2023 | A(2) | 306,663 | 04/01/2024 | 12/31/2026 | Common stock, $0.001 par value per share | 306,663 | $1 | 306,663 | D |
Explanation of Responses: |
1. 599,147 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO BEN for no consideration, and 599,148 shares of common stock, par value $0.001 per share, were contributed by the Reporting Person to 29TH Street Trust FBO CKN for no consideration. |
2. NovaWulf Digital Private Fund LLC distributed warrants and shares of common stock, par value $0.001 per share, to its members, including the Reporting Person. |
3. This transaction involved the Reporting Person's contribution of 39,617 shares of common stock, par value $0.001 per share to NovaWulf Partners Fund New LLC ("NovaWulf Fund New"). The Reporting Person is the sole manager of NovaWulf Fund New, and, as a result, may be deemed to beneficially own the shares of common stock held by NovaWulf Fund New. 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 common stock for purposes of Section 16 of the Exchange Act, or for any other purpose. |
Remarks: |
/s/ Jason Griffin New | 10/20/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |