0001877255-23-000014.txt : 20231103 0001877255-23-000014.hdr.sgml : 20231103 20231103213647 ACCESSION NUMBER: 0001877255-23-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231103 FILED AS OF DATE: 20231103 DATE AS OF CHANGE: 20231103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Prager Paul B. CENTRAL INDEX KEY: 0001877255 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41163 FILM NUMBER: 231377901 MAIL ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TERAWULF INC. CENTRAL INDEX KEY: 0001083301 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 871909475 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 BUSINESS PHONE: (410) 770-9500 MAIL ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 FORMER COMPANY: FORMER CONFORMED NAME: IKONICS CORP DATE OF NAME CHANGE: 20021216 FORMER COMPANY: FORMER CONFORMED NAME: CHROMALINE CORP DATE OF NAME CHANGE: 19990405 4 1 wk-form4_1699061796.xml FORM 4 X0508 4 2023-11-03 0 0001083301 TERAWULF INC. WULF 0001877255 Prager Paul B. C/O TERAWULF INC. 9 FEDERAL STREET EASTON MD 21601 1 1 1 0 Chief Executive Officer 0 Common stock, $0.001 par value per share 2023-11-03 4 J 0 1736371 D 0 I By Allin Wulf LLC Common stock, $0.001 par value per share 1460513 I By Beowulf Electricity & Data Inc. Common stock, $0.001 par value per share 525000 I By Heorot Power Holdings LLC Common stock, $0.001 par value per share 654706 I By Lucky Liefern LLC Common stock, $0.001 par value per share 10638 I By Somerset Operating Company, LLC Common stock, $0.001 par value per share 20568267 I By Stammtisch Investments LLC 1,736,371 shares of common stock, par value $0.01 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration. By Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Allin. 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. By Beowulf Electricity & Data Inc. ("Beowulf E&D"). On September 22, 2023, the Reporting Person filed a Form 4 which inadvertently reported that Beowulf E&D received 2,921,026 shares of Common Stock as incentive equity compensation pursuant to an administrative and infrastructure services agreement between Beowulf E&D and the issuer. In fact, as reported in this Form 4, only 1,460,513 shares of Common Stock were issued to Beowulf E&D. The Reporting Person is the sole shareholder of Beowulf E&D and, as a result, may be deemed to beneficially own the shares of Common Stock held by Beowulf E&D. 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. By Heorot Power Holdings LLC ("Heorot"). The Reporting Person is the sole manager of Heorot and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot. 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 By Lucky Liefern LLC ("Lucky Liefern"). The Reporting Person is the sole manager of Lucky Liefern and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Lucky Liefern. 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. By Somerset Operating Company, LLC ("Somerset"). The Reporting Person is the sole manager of Somerset and, as a result, may be deemed to beneficially own the shares of Common Stock held by Somerset. 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. By Stammtisch Investments LLC ("Stammtisch"). The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of Common Stock held by Stammtisch. 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. /s/ Paul B. Prager 2023-11-03