MARK A. SMITH - 10 May 2021 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role: President, Director, 10%+ Owner
Signature: /s/ Mark A. Smith
Issuer symbol: BNET
Transactions as of: 10 May 2021
Net transactions value: $0
Form type: 4
Filing time: 08 Jun 2021, 17:42:41 UTC
Next filing: 30 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BNET	Common Stock	Award	$0	+43,048	+18%	$0.000000	284,803	10 May 2021	Direct	F1, F2
holding	BNET	Common Stock						153,432	10 May 2021	Lotaylingkyur LLC	F2
holding	BNET	Common Stock						53,756	10 May 2021	Wife IRA
holding	BNET	Common Stock						62,535	10 May 2021	MAS IRA
holding	BNET	Common Stock						12,681	10 May 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	+43,048		$0.000000	43,048	10 May 2021	Common Stock	43,048	$0.7500	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.