Mark A. Smith - 01 Oct 2023 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Reporting relationship: President, Director, 10%+ Owner
Issuer ticker: BNET
Reported as of: 01 Oct 2023
Net transaction value: +$80,768
SEC form: 4
Accepted by SEC: 04 Oct 2023, 19:40:30 UTC
Prior SEC filing: 28 Jul 2023
Next SEC filing: 08 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Mark A. Smith

Key filing fact

Mark A. Smith filed Form 4 for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET) on 04 Oct 2023.

Key facts

This page summarizes Mark A. Smith's Form 4 filing for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 04 Oct 2023, 19:40.

Change

Previous filing in this sequence was filed on 28 Jul 2023.
Current net transaction value: +$80,768.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BNET transaction Derivative

Adjusted 2020 Convertible Obligation

Award

Transaction value: $80,768
Shares
Change %
Price
Shares after: $117,553
Date: 01 Oct 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: $80,767
Exercise price: $0.5000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On October 1 , Mr. Smith transferred $80,766.67 of deferred compensation to his 2020 Collateral Convertible Note. The Balance of the 2020 Collateral Convertible Note of $117,552.58 is convertible into 235,106 units; each unit consisting of one share and one warrant with the exercise price of $.75 until 6/4/2026. Each of these warrants carry a price adjustment provision equal to 75% of exercise price.