Bitdeer CTO discloses long-dated option holdings
Bitdeer Technologies Group Chief Technology Officer Ma Yuling reports existing option holdings for Ordinary Shares.
Rhea-AI Filing Summary
Bitdeer Technologies Group Chief Technology Officer Ma Yuling reports existing option holdings for Ordinary Shares. The filing shows two share option awards, each covering 150,000 underlying Ordinary Shares. One has an exercise price of $8.96 per share and expires on April 1, 2035, and the other has an exercise price of $11.30 per share and expires on July 1, 2035.
Each option is subject to a 5-year vesting schedule, with 20% of the shares vesting on each anniversary of the respective April 1, 2025 and July 1, 2025 grant dates, conditioned on continued service and, for one grant, additional performance and contribution factors.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ma Yuling
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 300,000 contracts (Direct)
Footnotes (2)
- F1. The option is subject to a 5-year vesting schedule, with 20% of the shares vesting on each anniversary of the April 1, 2025 grant date, subject to the Reporting Person's continued service with the Issuer.
- F2. The option is subject to a 5-year vesting schedule, with 20% of the shares vesting on each anniversary of the July 1, 2025 grant date, subject to the Reporting Person's continued service with the Issuer, and based on the working performance, service quality, contributions, or other factors prior to each such vesting date.
Key Figures
Option size 1: 150,000 underlying shares
Option size 2: 150,000 underlying shares
Exercise price 1: $8.96 per share
+3 more
6 metrics
Option size 1
150,000 underlying shares
Share Option, exercise price $8.96, expiration April 1, 2035
Option size 2
150,000 underlying shares
Share Option, exercise price $11.30, expiration July 1, 2035
Exercise price 1
$8.96 per share
Share Option on Ordinary Shares held by CTO
Exercise price 2
$11.30 per share
Share Option on Ordinary Shares held by CTO
Vesting schedule
20% per year over 5 years
From April 1, 2025 or July 1, 2025 grant dates
Unknown transaction entries
2 holdings entries
Transaction summary shows unknown transaction codes
Key Terms
Share Option (right to buy), underlying Ordinary Shares, vesting schedule, exercise price, +1 more
5 terms
vesting schedule financial
"The option is subject to a 5-year vesting schedule, with 20% of the shares vesting..."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
exercise price financial
"conversion_or_exercise_price": "8.9600" and "11.3000" for the options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2035-04-01T00:00:00.000Z" and "2035-07-01T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings does BTDR CTO Ma Yuling report in this Form 3/A?
Ma Yuling reports holding two share options, each for 150,000 underlying Ordinary Shares. These options give the right to buy Bitdeer Technologies Group stock at preset prices if vesting and service conditions are met over a five-year period.
What are the exercise prices of the BTDR options reported by the CTO?
The CTO’s reported share options have exercise prices of $8.96 and $11.30 per Ordinary Share. These fixed prices define the cost to acquire shares once vesting conditions are satisfied and the options are exercised before their respective expiration dates.
How do the BTDR CTO’s option vesting schedules work?
Each option vests over five years, with 20% of the shares vesting on each anniversary of the April 1, 2025 or July 1, 2025 grant dates. Vesting depends on continued service and, for one grant, performance, service quality, contributions, or similar factors.
Does the BTDR Form 3/A show any insider buying or selling activity?
The Form 3/A shows option holdings and vesting terms but no explicit buy or sell transactions. The transactions are categorized as holdings, with unknown transaction codes and no reported share purchases or sales in the summarized transaction data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
