Cole W. Johnson - Apr 24, 2024 Form 3 Insider Report for Bitech Technologies Corp (BTTC)

Role: President-BESS/ Solar Div., Director, 10%+ Owner
Signature: /s/ Cole W. Johnson
Stock symbol: BTTC
Transactions as of: Apr 24, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/10/2024, 06:10 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BTTC	Common Stock						222M	Apr 24, 2024	See Footnote	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BTTC	Stock Options (Right to Buy)							Apr 24, 2024	Common Stock	68M		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Cole W. Johnson is the manager of C & C Johnson Holdings LLC ("C & C") which is beneficially owned and controlled by Mr. Johnson and, in such capacity, exercises the sole voting and investment power over the Common Stock of the Company held by C & C. Mr. Johnson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2	The Exercise Prices for the Options are as follows: (a) for the first 1/5th of the granted Options, $0.50 per share of Common Stock which may be exercised on or after the first annual anniversary of April 24, 2024 (the "Award Date"); (b) for the second 1/5th of the granted 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 granted 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 granted 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 granted Options, $1.50 per share of Common Stock which may be exercised on or after the fifth annual anniversary of the Award Date.

Content

Cole W. Johnson is the manager of C & C Johnson Holdings LLC ("C & C") which is beneficially owned and controlled by Mr. Johnson and, in such capacity, exercises the sole voting and investment power over the Common Stock of the Company held by C & C. Mr. Johnson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

The Exercise Prices for the Options are as follows: (a) for the first 1/5th of the granted Options, $0.50 per share of Common Stock which may be exercised on or after the first annual anniversary of April 24, 2024 (the "Award Date"); (b) for the second 1/5th of the granted 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 granted 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 granted 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 granted Options, $1.50 per share of Common Stock which may be exercised on or after the fifth annual anniversary of the Award Date.