Mark A. Smith - 31 Mar 2024 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Apr 2024, 11:00:06 UTC
Prior SEC filing
14 Feb 2024
Next SEC filing
01 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Mark Smith

Key filing fact

Mark A. Smith filed Form 4 for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET) on 03 Apr 2024.

Key facts

  • This page summarizes Mark A. Smith's Form 4 filing for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Apr 2024, 11:00.

Change

  • Previous filing in this sequence was filed on 14 Feb 2024.
  • Current net transaction value: +$119,904.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BNET transaction

Common Stock

Award

Transaction value
$0
Shares
-4,847
Change %
-0.11%
Price
$0.000000
Shares after
4,421,102
Date
01 Apr 2024
Ownership
Direct
Footnotes
F1
BNET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
85,354
Date
31 Mar 2024
Ownership
Lotaylingkyur LLC
BNET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,756
Date
31 Mar 2024
Ownership
Wife IRA
BNET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
62,535
Date
31 Mar 2024
Ownership
MAS IRA
BNET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,681
Date
31 Mar 2024
Ownership
Lotaylingkyur Foundation

Reported derivative securities

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

BNET transaction Derivative

2020 non-adjusted Convertible Obligation

Conversion of derivative security

Transaction value
$119,904
Shares
Change %
Price
Shares after
239,808
Date
31 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
239,808
Exercise price
$0.5000
Footnotes
F2
BNET transaction Derivative

Deferred Compensation

Disposed to Issuer

Transaction value
$0
Shares
-75,000
Change %
-56%
Price
$0.000000
Shares after
60,134
Date
01 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
60,134
Exercise price
$0.7500
Footnotes
F3
BNET transaction Derivative

Options )right to buy)

Disposed to Issuer

Transaction value
$0
Shares
-2,425,000
Change %
-98%
Price
$0.000000
Shares after
60,134
Date
01 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
0
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

As of April 1, 2024, Mr. Smith and his spouse are the owners of 4,421,102 shares of common stock. 1,624,323 shares are registered to Mr. Smith's wife. The total number of shares of common stock was understated, in error, on the February 14, 2024 Form 4 report by 4,847 shares.

Footnote F2

As of March 31, 2024, the balance of the 2020 Convertible Obligation owned by Mr. Smith was $119,903.63 convertible into 239,808 units (each unit consisting of one share and one warrant exercisable at $.75/warrant). Each warrant carries the potential to have a price adjustment of 75%.

Footnote F3

On April 1, Mr. Smith voluntarily waived all claim to $56,250 of his deferred compensation which was convertible into 75,000 shares of common stock. The balance of his deferred compensation as of April 1, 2024 is $45,100 which is convertible into 60,134 shares of common stock.

Footnote F4

On April 1, 2024, Mr. Smith voluntarily surrendered 2,425,000 options (in aggregate) for cancellation.

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