secwatch.observer — SEC 8-K summary
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Issuer:     Bimergen Energy Corp (BESS)
CIK:        0001066764
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001493152-23-005482
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitech grants 5M stock options to CFO Robert Brilon at $0.025/share
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- Grant of nonstatutory stock option to CFO/director Robert Brilon for 5,000,000 shares at $0.025/share.
- Vesting: 80% immediate, 10% on 1/1/2024, 10% on 1/1/2025; acceleration on termination without cause.
- Option term: 10 years from grant or 5 years after termination as board member.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223005482/0001493152-23-005482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223005482/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-005482

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