Bitdeer Technologies (BTDR) grants CFO 48,900 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bitdeer Technologies Group Chief Financial Officer Michael G. Potter received a grant of options covering 48,900 Class A ordinary shares. The options have an exercise price of $15.44 per share and expire on July 1, 2036.
The award was granted at no cost and represents a right to buy Bitdeer shares in the future. It vests in four equal annual installments of 25% each, starting on July 1, 2026, and each installment requires Mr. Potter to remain employed with the company. Following this grant, he holds options over 48,900 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Potter Michael G
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (right to buy) | 48,900 | $0.00 | -- |
Holdings After Transaction:
Share Option (right to buy) — 48,900 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 48,900 options
Exercise price: $15.44 per share
Expiration date: July 1, 2036
+1 more
4 metrics
Option grant size
48,900 options
Share Option (right to buy) granted to CFO on July 1, 2026
Exercise price
$15.44 per share
Conversion or exercise price of CFO option award
Expiration date
July 1, 2036
Option term for CFO award
Post-grant derivative holdings
48,900 options
Total options held directly by CFO following transaction
Key Terms
Share Option (right to buy), Class A Ordinary Shares, vests in four equal annual installments, grant date
4 terms
vests in four equal annual installments financial
"The option ... vests in four equal annual installments of 25% on each anniversary"
grant date financial
"on each anniversary of the grant date (i.e., July 1, 2026)"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Bitdeer (BTDR) disclose about its CFO in this Form 4?
Bitdeer disclosed that CFO Michael G. Potter received a grant of options on 48,900 Class A ordinary shares at an exercise price of $15.44, expiring July 1, 2036, as part of his equity compensation package.
What is the exercise price and term of the Bitdeer (BTDR) CFO options?
The CFO’s options have an exercise price of $15.44 per share and expire on July 1, 2036. This means he can purchase the underlying Class A shares at $15.44 any time after vesting and before the expiration date.
What are the CFO’s holdings after this Bitdeer (BTDR) option grant?
After the grant, the CFO directly holds options over 48,900 Bitdeer Class A ordinary shares. These options are a derivative position and must vest over time before they can be exercised into actual shares.