Benjamin Tran - Aug 26, 2025 Form 4 Insider Report for Bimergen Energy Corp (BESS)

Signature
/s/ Benjamin Tran
Stock symbol
BESS
Transactions as of
Aug 26, 2025
Transactions value $
$0
Form type
4
Date filed
8/28/2025, 09:00 PM
Previous filing
May 1, 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tran Benjamin B Chief Executive Officer, Director, 10%+ Owner C/O BIMERGEN ENERGY CORPORATION, 895 DOVE STREET, SUITE 300, NEWPORT BEACH /s/ Benjamin Tran 2025-08-28 0001674106

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
transaction BESS Options (Right to Buy) Disposed to Issuer $0 +143K $0.00 143K Apr 24, 2024 Common Stock 143K Direct F1
transaction BESS Options (Right to Buy) Award $0 +143K $0.00 143K Aug 26, 2025 Common Stock 143K $4.50 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Exercise Prices for the options specified in the table above (the "Options") are as follows: (a) for the first 1/5th of the Options, $0.50 per share of Common Stock which may be exercised on or after the first annual anniversary of the Award Date; (b) for the second 1/5th of the 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 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 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 Options, $1.50 per share of Common Stock which may be exercised on or after the fifth annual anniversary of the Award Date.
F2 The Date Exercisable for the options specified in the table above (the "Options") are as follows: (a) for the first 1/5th of the Options may be exercised on or after the first annual anniversary of the Award Date; (b) for the second 1/5th of the Options may be exercised on or after the second annual anniversary of the Award Date; (c) for the third 1/5th of the Options may be exercised on or after the third annual anniversary of the Award Date; (d) the fourth 1/5th of the Options may be exercised on or after the fourth annual anniversary of the Award Date; and (e) for the final 1/5th of the Options may be exercised on or after the fifth annual anniversary of the Award Date.
F3 On August 26, 2025, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $4.50 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.