Danielle C. Lominy - Jun 30, 2024 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role
10%+ Owner
Signature
/s/ Danielle C. Lominy
Stock symbol
BNET
Transactions as of
Jun 30, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 08:50 AM
Previous filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BNET Common Stock 170K Jun 30, 2024 Direct
holding BNET Common Stock 400K Jun 30, 2024 By Trust

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 Options (right to buy) Disposed to Issuer $0 +50K $0.00* 0 Jun 30, 2024 Common Stock 0 $0.75 D. Bassani 2019 Irrevocable Trust F1
holding BNET Warrants 1.51M Jun 30, 2024 Common Stock 1.51M By Trust F2
holding BNET Warrants 311K Jun 30, 2024 Common Stock 311K Direct F3
holding BNET Warrants 105K Jun 30, 2024 Common Stock 105K Direct F4
holding BNET Warrants 230K Jun 30, 2024 Common Stock 230K By Daughter F5
holding BNET Warrants "2019 Trust" 1.5M Jun 30, 2024 Common Stock 1.5M D Bassani 2019 Irrevocable Trust F6
holding BNET Adjusted 2020 Trust Convertible Obligation $230K Jun 30, 2024 See Note D Bassani 2019 Irrevocable Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 30, 2024, Danielle Lominy voluntarily surrendered 500,000 options registered to the Dominic Bassani 2019 Irrevocable Trust ("2019 Trust") for cancellation. Danielle Lominy is the 50% beneficial owner of 1,000,000 options registered to the 2019 Trust.
F2 As of June 30, 2024 1,511,477 shares underlying warrants are held by The Danielle Christine Bassani Trust with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 75%.
F3 As of June 30, 2024, Ms. Lominy is the owner of 311,458 warrants with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment ranging from 75% to 90%.
F4 As of June 30, 2024, 105,000 warrants are jointly owned with Danielle's spouse with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 75%.
F5 As of June 30, 2024, 230,000 warrants are registered to Ms. Lominy's minor daughter who resides with her. These warrants have an exercise price of $.75 with the potential price adjustment ranging from 75% to 90%.
F6 As of June 30, 2024, Ms. Lominy is the owner of 1,500,000 warrants as 50% beneficial owner of the 2019 Trust. These warrants are exercisable at $.75 until January 15, 2025 and carry a potential price adjustment of 75%.
F7 As of June 30, 2024, Ms. Lominy is the 50% beneficial owner of the Adjusted 2020 Trust Convertible Obligation in the amount of $459,277.02. As of result, Ms. Lominy is the owner of $229,638.51 of the note balance which is convertible @$.0953 into 2,409,639 shares and 1,607,229 warrants.