secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bimergen Energy Corp (BESS)
CIK:        0001066764
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001493152-23-011708
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-share stock options to CFO Brilon and director Trimarche at $0.03 strike
--------------------------------------------------------------------------------

- Each option covers 5 million shares of common stock; exercise price $0.03 per share.
- Options vest 50% on grant date (April 3, 2023) and 50% on April 3, 2024, subject to acceleration.
- Options expire 10 years from grant or 5 years after termination of service.
- Recipients: CFO Robert J. Brilon and director Gregory D. Trimarche.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223011708/0001493152-23-011708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223011708/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-011708

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer