FLEURY PATRICK (Chief Financial Officer) exercised options at TERAWULF INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

FLEURY PATRICK

Filed: 6/24/2024ACC: 0001652256-24-000009

InsiderFLEURY PATRICKCIK 1652256

→

IssuerTERAWULF INC.CIK 1083301

Officer· Chief Financial Officer

Since May 2022

-55.09K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

140K acquired · 195.09K disposed

Non-Derivative Transactions2

Common stock, $0.001 par value per share

Direct

M · Option Exercise

+140K

Price / share

—

Trade value

—

% of position

8.4%

6/20/2024

1.67M→1.81M

Common stock, $0.001 par value per share

Direct

D · Disposition

−55.09K

Price / share

—

Trade value

—

% of position

3.0%

6/20/2024

1.81M→1.75M

Total

Net shares

+84.91K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common stock, $0.001 par value per share Direct	6/20/2024	M · Option Exercise	+140K	—	—	8.4%	1.67M	1.81M
Common stock, $0.001 par value per share Direct	6/20/2024	D · Disposition	−55.09K	—	—	3.0%	1.81M	1.75M
Total			+84.91K		$0.00

Derivative Transactions1

Performance-Based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common stock, $0.001 par value per share

140K shares

−140K

Strike price

Held after

140K

Exercisable

—

6/20/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance-Based Restricted Stock Units Direct	Common stock, $0.001 par value per share140K shares	6/20/2024	M · Option Exercise	−140K		—	140K

Non-Derivative Holdings (Post-Transaction)1

Common stock, $0.001 par value per share

Indirect

Shares owned26.41K

Total

26.41K indirect26.41K

Security Title	Shares Owned	Ownership Type
Common stock, $0.001 par value per share	26.41K	Indirect
Total	26.41K	26.41K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported