Gregory D. Trimarche - 03 Apr 2023 Form 4 Insider Report for Bitech Technologies Corp (BTTC)

Reporting relationship: Director
Issuer ticker: BTTC
Reported as of: 03 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Apr 2023, 16:15:28 UTC
Prior SEC filing: 20 Jan 2023
Next SEC filing: 29 Nov 2023
Source filing: View source filing
Reporting owner signature: /s/Gregory D. Trimarche

Key filing fact

Gregory D. Trimarche filed Form 4 for Bitech Technologies Corp (BTTC) on 05 Apr 2023.

Key facts

This page summarizes Gregory D. Trimarche's Form 4 filing for Bitech Technologies Corp (BTTC).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Apr 2023, 16:15.

Change

Previous filing in this sequence was filed on 20 Jan 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BTTC transaction Derivative

Options (Right to Buy)

Award

Transaction value: $0
Shares: +5,000,000
Change %: +100%
Price: $0.000000
Shares after: 10,000,000
Date: 03 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000,000
Exercise price: $0.0300
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The options subject to these grants vested 50% on the date of the grant, 50% on April 3, 2024 so long as the Reporting Person is providing services to the Issuer or one of its subsidiaries; provided, however, the vesting is subject to acceleration such that if the Reporting Person is terminated from his role without cause (as defined in the Stock Option) the number of shares subject to the Stock Option in the year of termination shall vest plus the number of shares that would have vested in the following year. In the event the Reporting Person's service as a member of the Issuer's Board of Directors is terminated with cause, the number of shares subject to the Stock Option in the year of termination shall vest.