Prager Paul B.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · derivative · entry 11

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 141,726

Underlying: Common stock, $0.001 par value per share · 141,726 shares

Expires 2025-12-31

F10 · price: This transaction involved the Reporting Person's contribution of 141,726 penny warrants to Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the penny warrants held by Allin. The Reporting Person disclaims beneficial ownership of such penny warrants except to the extent of his pecuniary interest therein, and the inclusion of such penny warrants 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.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · derivative · entry 10

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common stock, $0.001 par value per share · 141,726 shares

Expires 2025-12-31

F10 · price: This transaction involved the Reporting Person's contribution of 141,726 penny warrants to Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the penny warrants held by Allin. The Reporting Person disclaims beneficial ownership of such penny warrants except to the extent of his pecuniary interest therein, and the inclusion of such penny warrants 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.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · derivative · entry 9

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 141,726

Underlying: Common stock, $0.001 par value per share · 141,726 shares

Expires 2025-12-31

F3 · price: NovaWulf Digital Private Fund LLC distributed warrants and shares of Common Stock to its members, including the Reporting Person.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F4 · price: 513,484 shares of Common Stock were contributed to Somerset Goods and Services Trust for no consideration.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 513,484

F3 · price: NovaWulf Digital Private Fund LLC distributed warrants and shares of Common Stock to its members, including the Reporting Person.

SEC source: 0001877255-23-000011 · wk-form4_1698197751.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Allin Wulf LLC

Disclosed balance after: 1,736,371

F1 · price: 3,000,000 shares of common stock, par value $0.01 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: 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.

SEC source: 0001877255-23-000008 · wk-form4_1696019482.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Somerset Operating Company, LLC

Disclosed balance after: 10,638

F1 · price: The shares were contributed by Somerset Operating Company, LLC ("Somerset") to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By 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.

SEC source: 0001877255-23-000006 · wk-form4_1695415068.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf Electricity & Data Inc.

Disclosed balance after: 2,921,026

F1 · price: The shares were issued to Beowulf Electricity & Data Inc. ("Beowulf E&D") as incentive equity compensation pursuant to that certain Administrative and Infrastructure Services Agreement, dated as of April 27, 2021 and as amended on March 29, 2023, between Beowulf E&D and the issuer. 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.

F1 · ownership.nature: The shares were issued to Beowulf Electricity & Data Inc. ("Beowulf E&D") as incentive equity compensation pursuant to that certain Administrative and Infrastructure Services Agreement, dated as of April 27, 2021 and as amended on March 29, 2023, between Beowulf E&D and the issuer. 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.

SEC source: 0001104659-23-096888 · tm2325161-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Somerset Operating Company, LLC

Disclosed balance after: 2,010,638

F1 · price: The shares were contributed by Somerset Operating Company, LLC ("Somerset") to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By 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.

SEC source: 0001104659-23-093453 · tm2324181-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Heorot Power Holdings LLC

Disclosed balance after: 525,000

F1 · price: This is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.8800 to $1.9300. The reporting person undertakes to provide to the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

F2 · ownership.nature: 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.

SEC source: 0001104659-23-084854 · tm2321579-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Somerset Operating Company, LLC

Disclosed balance after: 4,510,638

F1 · price: The shares were contributed by Somerset Operating Company, LLC ("Somerset") to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By 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.

SEC source: 0001104659-23-075908 · tm2319743-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 20,568,267

F1 · price: The shares were distributed by Stammtisch Investments LLC ("Stammtisch") to certain of its members on June 14, 2023. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

F1 · ownership.nature: The shares were distributed by Stammtisch Investments LLC ("Stammtisch") to certain of its members on June 14, 2023. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

SEC source: 0000950142-23-001056 · es230348416_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Heorot Power Holdings LLC

Disclosed balance after: 475,000

F6 · price: This is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.3600 to $1.3800. The reporting person undertakes to provide to the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

F1 · ownership.nature: 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.

SEC source: 0000950142-23-000686 · es230338990_4-pragerp.xml · derivative · entry 7

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 0

Underlying: Common Stock · 12,000,000 shares

Expires 2023-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: Represents shares of Common Stock of the Issuer received upon exercise of 12,000,000 Warrants to purchase 12,000,000 shares of Common Stock (?Stammtisch Warrants?), at a price of $0.00001 per share for an aggregate purchase price of $120.00. Stammtisch Investments LLC (?Stammtisch?) acquired the Stammtisch Warrants on January 30, 2023, in a transaction pursuant to which Stammtisch exchanged a total of 12,000,000 shares of Common Stock for 12,000,000 Stammtisch Warrants in order to increase the number of shares available for issuance by the Issuer in its public offering of common stock at the time.

F4 · ownership.nature: By Stammtisch Investments LLC. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

SEC source: 0000950142-23-000686 · es230338990_4-pragerp.xml · derivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin Wulf LLC

Disclosed balance after: 0

Underlying: Common Stock · 1,190,476 shares

Expires 2023-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 1,190,476 warrants to purchase 1,190,476 shares of Common Stock (?Allin Wulf Warrants?), at a price of $0.00001 per share for an aggregate purchase price of $11.91. The Allin Wulf Warrants were purchased on January 30, 2023 for an aggregate purchase price of $1,250,000.

F2 · ownership.nature: 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.

SEC source: 0000950142-23-000686 · es230338990_4-pragerp.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 26,124,121

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: Represents shares of Common Stock of the Issuer received upon exercise of 12,000,000 Warrants to purchase 12,000,000 shares of Common Stock (?Stammtisch Warrants?), at a price of $0.00001 per share for an aggregate purchase price of $120.00. Stammtisch Investments LLC (?Stammtisch?) acquired the Stammtisch Warrants on January 30, 2023, in a transaction pursuant to which Stammtisch exchanged a total of 12,000,000 shares of Common Stock for 12,000,000 Stammtisch Warrants in order to increase the number of shares available for issuance by the Issuer in its public offering of common stock at the time.

F3 · price: Represents shares of Common Stock of the Issuer received upon exercise of 12,000,000 Warrants to purchase 12,000,000 shares of Common Stock (?Stammtisch Warrants?), at a price of $0.00001 per share for an aggregate purchase price of $120.00. Stammtisch Investments LLC (?Stammtisch?) acquired the Stammtisch Warrants on January 30, 2023, in a transaction pursuant to which Stammtisch exchanged a total of 12,000,000 shares of Common Stock for 12,000,000 Stammtisch Warrants in order to increase the number of shares available for issuance by the Issuer in its public offering of common stock at the time.

F4 · ownership.nature: By Stammtisch Investments LLC. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

SEC source: 0000950142-23-000686 · es230338990_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin Wulf LLC

Disclosed balance after: 4,736,371

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 1,190,476 warrants to purchase 1,190,476 shares of Common Stock (?Allin Wulf Warrants?), at a price of $0.00001 per share for an aggregate purchase price of $11.91. The Allin Wulf Warrants were purchased on January 30, 2023 for an aggregate purchase price of $1,250,000.

F2 · ownership.nature: 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.

SEC source: 0000950142-23-000561 · es230335674_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 3,545,895

F1 · price: Represents shares of Common Stock received upon conversion of $853,912.33 of convertible notes of the Issuer, together with accrued interest thereon.

F2 · ownership.nature: 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.

SEC source: 0000950142-23-000254 · es230326781_4-pragerp.xml · derivative · entry 7

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 1,190,476

Underlying: Common Stock · 1,250,000 shares

Expires 2023-12-31

F8 · derivative.exercise_price: Represents the purchase from the Issuer of 1,190,476 warrants to purchase shares of Common Stock, at a price of $1.05 per Warrant for an aggregate purchase price of $1,250,000. The warrants are exercisable at a price of $0.00001 per share.

F8 · price: Represents the purchase from the Issuer of 1,190,476 warrants to purchase shares of Common Stock, at a price of $1.05 per Warrant for an aggregate purchase price of $1,250,000. The warrants are exercisable at a price of $0.00001 per share.

F7 · derivative.exercise_date: The warrants will be exercisable beginning on the first business day following the date on which the Issuer's shareholders approve an increase in the Issuer's authorized Common Stock. On February 1, 2023, the Issuer filed a preliminary proxy statement to hold a special meeting of its shareholders to amend the Issuer's charter to increase the maximum number of authorized shares of Common Stock from 200,000,000 to 400,000,000.

F3 · ownership.nature: 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.

SEC source: 0000950142-23-000254 · es230326781_4-pragerp.xml · derivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 12,000,000

Underlying: Common Stock · 12,000,000 shares

Expires 2023-12-31

F1 · derivative.exercise_price: Represents the surrender of 12,000,000 shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock"), to the Issuer, in exchange for 12,000,000 warrants to purchase shares of Common Stock, at an exercise price of $0.00001 per share.

F1 · price: Represents the surrender of 12,000,000 shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock"), to the Issuer, in exchange for 12,000,000 warrants to purchase shares of Common Stock, at an exercise price of $0.00001 per share.

F7 · derivative.exercise_date: The warrants will be exercisable beginning on the first business day following the date on which the Issuer's shareholders approve an increase in the Issuer's authorized Common Stock. On February 1, 2023, the Issuer filed a preliminary proxy statement to hold a special meeting of its shareholders to amend the Issuer's charter to increase the maximum number of authorized shares of Common Stock from 200,000,000 to 400,000,000.

F2 · ownership.nature: 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 the Common Stock held by Stammtisch. 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.

SEC source: 0000950142-23-000254 · es230326781_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 14,124,121

F1 · price: Represents the surrender of 12,000,000 shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock"), to the Issuer, in exchange for 12,000,000 warrants to purchase shares of Common Stock, at an exercise price of $0.00001 per share.

F2 · ownership.nature: 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 the Common Stock held by Stammtisch. 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.

SEC source: 0001877255-24-000004 · wk-form4_1714693757.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 18,868,266

F1 · price: 600,001 shares of common stock, par value $0.001 per share ("Common Stock") were distributed by Stammtisch Investments LLC ("Stammtisch") to one of its members on November 30, 2022.

F2 · ownership.nature: By 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.

SEC source: 0001104659-22-107814 · tm2228048-3_4seq1.xml · derivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 1,388,889

Underlying: Common Stock · 1,388,889 shares

Expires 2027-10-06

F1 · price: Represents the purchase from the Issuer of 1,388,889 units of the Issuer ("Units"), with each Unit consisting of one share of common stock, $0.001 par value per share, of the Issuer ("Common Stock") and one warrant to purchase one share of Common Stock ("Warrants"), at a price of $1.26 per Unit for an aggregate purchase price of $1,750,000. The shares of the Common Stock and the Warrants comprising the Units were issued separately and are tradeable separately.

F2 · ownership.nature: 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

SEC source: 0001104659-22-107814 · tm2228048-3_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 1,388,889

F1 · price: Represents the purchase from the Issuer of 1,388,889 units of the Issuer ("Units"), with each Unit consisting of one share of common stock, $0.001 par value per share, of the Issuer ("Common Stock") and one warrant to purchase one share of Common Stock ("Warrants"), at a price of $1.26 per Unit for an aggregate purchase price of $1,750,000. The shares of the Common Stock and the Warrants comprising the Units were issued separately and are tradeable separately.

F2 · ownership.nature: 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

SEC source: 0001104659-22-105458 · tm2227363-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 26,124,121

F1 · price: The shares were distributed by Stammtisch Investments LLC ("Stammtisch") to certain of its members on September 29, 2022. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

F1 · ownership.nature: The shares were distributed by Stammtisch Investments LLC ("Stammtisch") to certain of its members on September 29, 2022. The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Stammtisch. 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.

SEC source: 0001104659-22-097573 · tm2224998-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Somerset Operating Company, LLC

Disclosed balance after: 8,510,638

F2 · price: 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 Exchange Act, or for any other purpose.

F1 · ownership.nature: The shares were issued to Somerset Operating Company, LLC ("Somerset") in lieu of cash in connection with that certain Second Amendment to Lease Agreement, dated as of July 1, 2022, between Somerset and Lake Mariner Data LLC, a subsidiary of TeraWulf Inc. 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. Any proceeds from future sales of the shares of Common Stock are expected to be used to pay operating expenses of Somerset and its commonly-controlled affiliates.

SEC source: 0001104659-22-045553 · tm2212667-2_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 654,706

F1 · ownership.nature: 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.

SEC source: 0001104659-22-034912 · tm229568d2_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 712,447

F1 · ownership.nature: 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. 271. 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.

SEC source: 0001104659-22-033055 · tm229142-1_4seq1.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 316,000

F1 · ownership.nature: 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.

SEC source: 0000950142-22-001002 · es220233901_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 216,000

F1 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 7

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 66,000

F8 · price: The Reporting Person purchased 2,700 shares of the Common Stock in multiple trades at prices ranging from $14.48 to $14.58 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 63,300

F7 · price: The Reporting Person purchased 4,745 shares of the Common Stock in multiple trades at prices ranging from $13.36 to $14.20 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 5

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 58,555

F6 · price: The Reporting Person purchased 13,555 shares of the Common Stock in multiple trades at prices ranging from $12.35 to $13.34 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 4

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 45,000

F5 · price: The Reporting Person purchased 5,386 shares of the Common Stock in multiple trades at prices ranging from $12.83 to $12.94 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 39,614

F4 · price: The Reporting Person purchased 14,614 shares of the Common Stock in multiple trades at prices ranging from $11.83 to $12.82 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 25,000

F3 · price: The Reporting Person purchased 1,100 shares of the Common Stock in multiple trades at prices ranging from $13.125 to $13.20 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004164 · es210213264_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lucky Liefern LLC

Disclosed balance after: 23,900

F1 · price: The Reporting Person purchased 23,900 shares of common stock, par value $0.001 per share (the "Common Stock"), of TeraWulf Inc. (the "Issuer") in multiple trades at prices ranging from $12.11 to $13.05 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.

F2 · ownership.nature: 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.

SEC source: 0000950142-21-004035 · es210210297_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Stammtisch Investments LLC

Disclosed balance after: 30,879,973

F1 · kind: Received in connection with the agreement and plan of merger, dated as of June 24, 2021 (as amended, supplemented or otherwise modified prior to the date hereof), by and among TeraWulf Inc. (formerly known as Telluride Holdco, Inc.), a Delaware corporation ("TeraWulf"), IKONICS Corporation, a Minnesota corporation ("IKONICS"), Telluride Merger Sub I, Inc., a Minnesota corporation ("Merger Sub I"), Telluride Merger Sub II, Inc., a Delaware corporation ("Merger Sub II"), and TeraCub Inc. (formerly known as TeraWulf Inc.), a Delaware corporation ("TeraCub"), pursuant to which (i) Merger Sub I, a wholly-owned subsidiary of TeraWulf, which was a wholly-owned subsidiary of IKONICS, merged with and into IKONICS (the "First Merger"), with IKONICS surviving the First Merger as a wholly-owned subsidiary of TeraWulf, and (cont'd on FN 2)

F2 · kind: (cont'd from FN 1) (ii) Merger Sub II, a wholly-owned subsidiary of TeraWulf, merged with and into TeraCub (the "Second Merger"), with TeraCub surviving the Second Merger as a wholly-owned subsidiary of TeraWulf. The Reporting Person received the shares of common stock, $0.001 par value per share, of TeraWulf (the "Shares") as consideration for the Second Merger.

F1 · price: Received in connection with the agreement and plan of merger, dated as of June 24, 2021 (as amended, supplemented or otherwise modified prior to the date hereof), by and among TeraWulf Inc. (formerly known as Telluride Holdco, Inc.), a Delaware corporation ("TeraWulf"), IKONICS Corporation, a Minnesota corporation ("IKONICS"), Telluride Merger Sub I, Inc., a Minnesota corporation ("Merger Sub I"), Telluride Merger Sub II, Inc., a Delaware corporation ("Merger Sub II"), and TeraCub Inc. (formerly known as TeraWulf Inc.), a Delaware corporation ("TeraCub"), pursuant to which (i) Merger Sub I, a wholly-owned subsidiary of TeraWulf, which was a wholly-owned subsidiary of IKONICS, merged with and into IKONICS (the "First Merger"), with IKONICS surviving the First Merger as a wholly-owned subsidiary of TeraWulf, and (cont'd on FN 2)

F2 · price: (cont'd from FN 1) (ii) Merger Sub II, a wholly-owned subsidiary of TeraWulf, merged with and into TeraCub (the "Second Merger"), with TeraCub surviving the Second Merger as a wholly-owned subsidiary of TeraWulf. The Reporting Person received the shares of common stock, $0.001 par value per share, of TeraWulf (the "Shares") as consideration for the Second Merger.

F3 · ownership.nature: 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. The Reporting Person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.