Bitdeer (NASDAQ: BTDR) CSO details initial option grants and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bitdeer Technologies Group Chief Strategy Officer Basit Haris Fozan filed an initial Form 3 showing his equity position. He directly holds 10,000 Class A Ordinary Shares and three option grants over 168,230, 33,640, and 24,000 Ordinary Shares with exercise prices of $5.51, $6.96, and $8.96, expiring between 2033 and 2035. Footnotes state one option grant vests in five equal annual installments and all shares subject to the option are now vested and exercisable, highlighting fully vested incentive alignment.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Basit Haris Fozan
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 168,230 shares (Direct);
Class A Ordinary Shares — 10,000 shares (Direct)
Footnotes (1)
- The option was granted on July 1, 2023, and vests in five equal annual installments of 20% on each anniversary of the grant date, 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.
FAQ
What does the Bitdeer (BTDR) Form 3 filing by Basit Haris Fozan show?
The Form 3 shows Bitdeer’s Chief Strategy Officer Basit Haris Fozan’s initial equity holdings. He reports direct ownership of Class A Ordinary Shares and several fully vested share option grants over Bitdeer Ordinary Shares as of the reported date.
How many Bitdeer (BTDR) options does Basit Haris Fozan hold?
Basit Haris Fozan holds three option grants over Ordinary Shares with exercise prices of $5.51, $6.96, and $8.96. These options represent meaningful potential equity exposure and expire between 2033 and 2035, according to the Form 3 data.
Are the Bitdeer (BTDR) options held by Basit Haris Fozan vested and exercisable?
Footnotes state that one option grant vests in five equal annual installments of 20% each year and that all shares subject to the option have become vested and exercisable, indicating the grant is fully vested under its service-based vesting schedule.
Does the Bitdeer (BTDR) Form 3 indicate any recent insider buying or selling?
The Form 3 is an initial ownership report and lists holdings rather than explicit buy or sell transactions. The transaction summary shows only holding entries and a neutral net buy-sell direction, indicating no reported purchases or sales in this filing.