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confidence high
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materiality 0.40
Bitmine amends CEO/CFO employment agreements with new long-term incentive awards
BITMINE IMMERSION TECHNOLOGIES, INC.
- CEO Chi Tsang eligible for annual $500,000 target LTIP: 60% RSUs, 40% options.
- CFO/COO Young Kim receives annual $1.75M target stock-option awards; FY2026 prorated.
- Awards vest 25% per quarter over one year, forfeited on termination unless per agreement.
- Grant price based on 10-day VWAP preceding grant; options at fair market value.