Mark A. Smith - May 10, 2021 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role
President, Director, 10%+ Owner
Signature
/s/ Mark A. Smith
Stock symbol
BNET
Transactions as of
May 10, 2021
Transactions value $
$0
Form type
4
Date filed
6/8/2021, 05:42 PM
Next filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNET Common Stock Award $0 +43K +17.81% $0.00 285K May 10, 2021 Direct F1, F2
holding BNET Common Stock 153K May 10, 2021 Lotaylingkyur LLC F2
holding BNET Common Stock 53.8K May 10, 2021 Wife IRA
holding BNET Common Stock 62.5K May 10, 2021 MAS IRA
holding BNET Common Stock 12.7K May 10, 2021 Lotaylingkyur Foundation

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 BNET Warrants Class CONMAY2021-1 Award $0 +43K $0.00 43K May 10, 2021 Common Stock 43K $0.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2021, Mr. Smith converted $18,000 salary, $6,288 unreimbursed expenses and $379.64 accrued interest into 43,048 units (at recent PPM price) of $0.50 per unit consisting of one share of Bion common stock and one warrant. Each of these warrants carry an exercise bonus of 75 %.
F2 Includes minor increases due to prior arithmetic errors.