Paul B. Prager - Mar 11, 2022 Form 4 Insider Report for TERAWULF INC. (WULF)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Paul B. Prager
Stock symbol: WULF
Transactions as of: Mar 11, 2022
Transactions value $: $2,500,001
Form type: 4
Date filed: 4/13/2022, 05:12 PM
Previous filing: Mar 10, 2022
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WULF	Common stock, $0.001 par value per share	Purchase	$2.5M	+317K	+94.02%	$7.88^*	655K	Apr 11, 2022	By Lucky Liefern LLC	F1
holding	WULF	Common stock, $0.001 par value per share						375K	Mar 11, 2022	By Heorot Power Holdings LLC	F2
holding	WULF	Common stock, $0.001 par value per share						30.9M	Mar 11, 2022	By Stammtisch Investments LLC	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	By Lucky Liefern LLC. The Reporting Person is the sole manager of Lucky Liefern LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lucky Liefern LLC.The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the 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 (the "Exchange Act"),or for any other purpose. These shares of Common Stock were purchased by Lucky Liefern directly from the issuer in transactions at a weighted average price of $7.76 per share.
F2	By Heorot Power Holdings LLC. The Reporting Person is the beneficial owner and CEO Manager of Heorot Power Holdings LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot Power Holdings LLC. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the 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 Exchange Act, or for any other purpose.
F3	By Stammtisch Investments LLC. The Reporting Person is the sole manager of Stammtisch Investments LLC and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch Investments LLC. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the 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 Exchange Act, or for any other purpose.