Company: BTBT
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001213900-25-030356
Chunk: 22

Company: Bit Digital, Inc
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 22
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 Incentive Plan during fiscal year 2024 and 2023, computed in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 718 (“ASC 718”). See Note 2 to our consolidated financial statements for details on the assumptions used to determine the grant date fair value of the restricted share units. As of December 31, 2024, fair value of the vested and issued RSUs, based on the closing price on the vesting date, for Messrs. Huang, and Tabar was $3,523,650 and $3,222,650, respectively. As of December 31, 2023, fair market value of the vested and issued RSUs, based on the closing price on the vesting date, for Messers Huang and Tabar, was $2,387,000 and $1,239,500, respectively. (6)Mr. Bullett served as Chief Executive Office from March 31, 2021 to March 31, 2023. Compensation for 2024 was made pursuant to Mr. Bullett’s Advisory Agreement as a consultant. (7)Mr. Sanfilippo began to serve as Chief Technology Officer of WhiteFiber AI in September 2024. (8)In 2024, Mr. Sanfilippo was awarded 429.492 RSUs pursuant to his compensation agreement. The RSUs awarded to Mr. Sanfilippo were granted under the Company’s 2023 Omnibus Equity Incentive Plan. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits to our executive officers and directors.

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Outstanding Equity Awards at Fiscal Year-End The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of December 31, 2024.

| Name                   |     | Option Awards  |     |          |     |            |     |             |     | Stock Awards |     |             |
| Number of Securities   
 Underlying Unexercised 
 Options                |     |                |     | Option   
 Exercise 
 Price    
 ($)      |     | Option     
 Expiration 
 Date       |     | No. of      
 Ordinary    
 Shares or   
 Units of    
 Ordinary    
 Shares that 
 Have Not    
 Vested      |     | Market       
 Value of     
 Ordinary     
 Shares or    
 Units of     
 Ordinary     
 Shares that  
 have not     
 Vested       
 ($)          |     | Equity      
 In