Bitdeer Technologies Group (BTDR) CBO discloses four option grants
Rhea-AI Filing Summary
Bitdeer Technologies Group’s Chief Business Officer, Linghui Kong, reported existing option holdings over Class A Ordinary Shares. These are rights to buy shares at preset prices; they are disclosures of current positions rather than new market transactions.
The reported options cover 900,900 underlying shares at an exercise price of $3.50 per share expiring on August 1, 2031, with a footnote stating 648,648 shares are already vested and 252,252 will vest on January 1, 2027 and January 1, 2028. Additional options cover 61,776 and 51,351 underlying shares at $3.50 per share, expiring on January 1, 2032 and January 1, 2033, and 50,000 underlying shares at an exercise price of $6.96 per share expiring on April 1, 2034. A separate footnote states that all shares subject to one option grant are already vested, and another explains that 20% of a grant vested on April 1, 2025 with the remaining 80% vesting in four equal annual installments, contingent on continued service.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
Footnotes (1)
- 648,648 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 252,252 of the shares subject to the option shall become vested in equal installments on January 1, 2027 and January 1, 2028, subject to the Reporting Person's continued service with the Issuer on each such vesting date. All shares subject to the option have become vested and exercisable. 20% of the total shares subject to the option have become vested and exercisable on April 1, 2025, and remaining shares subject to the option shall become vested annually in equal installments of 20% on April 1st of each of the four subsequent years, subject to the Reporting Person's continued service with the Issuer on each such vesting date.