BRILON ROBERT J 4
4 · Bitech Technologies Corp · Filed May 7, 2024
Insider Transaction Report
Form 4
BRILON ROBERT J
DirectorChief Financial Officer
Transactions
- Award
Options (Right to Buy)
2024-05-03+10,000,000→ 20,000,000 totalExp: 2034-05-03→ Common Stock (10,000,000 underlying)
Footnotes (1)
- [F1]The Exercise Prices for the options specified in the table above (the "Options") are as follows: (a) for the first 1/5th of the Options, $0.50 per share of Common Stock which may be exercised on or after the first annual anniversary of the Award Date; (b) for the second 1/5th of the Options, $0.75 per share of Common Stock which may be exercised on or after the second annual anniversary of the Award Date; (c) for the third 1/5th of the Options, $1.00 per share of Common Stock which may be exercised on or after the third annual anniversary of the Award Date; (d) the fourth 1/5th of the Options, $1.25 per share of Common Stock which may be exercised on or after the fourth annual anniversary of the Award Date; and (e) for the final 1/5th of the Options, $1.50 per share of Common Stock which may be exercised on or after the fifth annual anniversary of the Award Date.