William F. Rupp - 15 Feb 2023 Form 3 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role
Director
Signature
/s/ William F. Rupp
Issuer symbol
BNET
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
3
Filing time
20 Mar 2023, 17:00:05 UTC

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
holding BNET Options (Right to Buy) 15 Feb 2023 Common Stock 50,000 $2.00 Direct F1
holding BNET Warrants CLASSADVISORY-1 15 Feb 2023 Common Stock 25,000 $1.50 William F. Rupp Irrevocable Trust F2
holding BNET Warrants CLASSCONSULT-1 15 Feb 2023 Common Stock 50,000 $1.50 William F. Rupp Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 15, 2023, Mr. Rupp joined the Board of Directors of Bion Environmental Technologies, Inc. and was granted 50,000 options that carry an exercise bonus of 50 percent.
F2 On September 20, 2022, Mr. Rupp joined Bion's Advisory Group and was issued 25,000 warrants in lieu of cash compensation.
F3 On September 20, 2022, Mr. Rupp was issued 50,000 warrants for consulting services. The total number of warrants owned by the reporting person is 75,000.