Mark A. Smith - 28 Jun 2021 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Signature
/s/ Mark A. Smith
Issuer symbol
BNET
Transactions as of
28 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 16:44:22 UTC
Previous filing
08 Jun 2021
Next filing
30 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNET Common Stock Award $0 +46,666 +16% $0.000000 331,469 28 Jun 2021 Direct F1
holding BNET Common Stock 153,432 28 Jun 2021 Lotaylingkyur LLC
holding BNET Common Stock 53,756 28 Jun 2021 Wife IRA
holding BNET Common Stock 62,535 28 Jun 2021 MAS IRA
holding BNET Common Stock 12,681 28 Jun 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 Award $0 +46,666 $0.000000 46,666 28 Jun 2021 Common Stock 46,666 $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 June 28, 2021, Mr. Smith converted $18,000 salary and $5,333 unreimbursed expenses into 46,666 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 %.