Khan Nazar M.'s Form 4/A amendment
AmendedTerawulf Inc.WULF · filed Jun 7, 2024
- Accession no.
- 0000950142-24-001589
- Filed
- Jun 7, 2024
- Trade date
- Jul 12-Oct 20, 2023
- Filing delay
- 331 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Oct 24, 2023
This filing lists 4 non-derivative transactions and 6 derivative transactions. It was filed 331 days after the trade.
This amendment replaces 0001877476-23-000006 (filed Oct 24, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Khan Nazar M.CIK 0001877476 | Director, Officer (Chief Operating Officer + CTO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 12, 2023 | Common stock, $0.001 par value per share | JOtherDisposed | −1,778,048 | –F1 | – | 901,809 | Indirect | |
| Jul 12, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +1,778,048 | –F1 | – | 9,387,913 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +513,484 | –F5 | – | 9,901,397 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | SSaleDisposed | −513,484 | –F6 | – | 9,387,913 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +1,622,926 | –F5 | – | 1,622,926 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherDisposed | −1,622,926 | –F7 | – | 0 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +1,622,926 | –F7 | – | 1,622,926 | Indirect | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +441,163 | –F5 | – | 882,326 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherDisposed | −441,163 | –F8 | – | 0 | Direct | |
| Oct 20, 2023 | Common stock, $0.001 par value per share | JOtherAcquired | +441,163 | –F8 | – | 441,163 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On July 12, 2023, Yaqeen I Trust transferred 1,778,048 shares of common stock, par value $0.001 per share ("Common Stock") of the Issuer to the Reporting Person for no consideration.
Referenced by the price of 2 transactions in Table I.
- F2
By Yaqeen I Trust. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by Yaqeen I Trust. The Reporting Person disclaims beneficial ownership of the Shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose.
- F3
By various trusts. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by such trusts. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose.
- F4
By Lake Harriet Holdings, LLC ("Lake Harriet Holdings"). The Reporting Person is the sole manager of Lake Harriet Holdings and, as a result, may be deemed to beneficially own the shares of Common Stock held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the 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 Securities Exchange of 1934, as amended, or for any other purpose.
- F5
NovaWulf Digital Private Fund LLC distributed warrants and shares of Common Stock to its members, including the Reporting Person.
Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.
- F6
Immediately following receipt of the distribution from NovaWulf Private Fund, the Reporting Person contributed 513,484 shares of Common Stock to Somerset Goods and Services Trust for no consideration.
Referenced by the price of 1 transaction in Table I.
- F7
This transaction involved the Reporting Person's contribution of 1,622,926 penny warrants to Lake Harriet Holdings. The Reporting Person is the sole manager of Lake Harriet Holdings, and, as a result, may be deemed to beneficially own the penny warrants held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of such penny warrants 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 penny warrants for purposes of Section 16 of the Exchange Act, or for any other purpose.
Referenced by the price of 2 transactions in Table II.
- F8
This transaction involved the Reporting Person's contribution of 441,163 dollar warrants to Lake Harriet Holdings. The Reporting Person is the sole manager of Lake Harriet Holdings, and, as a result, may be deemed to beneficially own the penny warrants held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of such penny warrants 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 penny warrants for purposes of Section 16 of the Exchange Act, or for any other purpose.
Referenced by the price of 2 transactions in Table II.
Remarks
This Form 4 is being amended to correctly reflect the number of shares of common stock directly owned by Lake Harriet Holdings in Table I. The prior filing inadvertently also included shares underlying warrants.