Key facts
- This page summarizes Robert D. Weerts's Form 4 filing for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 25 Oct 2024, 16:53.
Robert D. Weerts - 22 Oct 2024 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
- Reporting relationship
- Director
- Issuer ticker
- BNET
- Reported as of
- 22 Oct 2024
- Net transaction value
- +$100,000
- SEC form
- 4
- Accepted by SEC
- 25 Oct 2024, 16:53:40 UTC
- Prior SEC filing
- 15 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert D. Weerts
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Robert D. Weerts filed Form 4 for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET) on 25 Oct 2024.
Change
- Previous filing in this sequence was filed on 15 Jul 2024.
- Current net transaction value: +$100,000.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BNET
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 400,000
- Date
- 22 Oct 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BNET
transaction
Derivative
Convertible Promissory Note
Other
- Transaction value
- $100,000
- Shares
- Change %
- Price
- Shares after
- $100,000
- Date
- 15 Oct 2024
- Ownership
- Bion BLG, LLC
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- 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 22, 2024, Bion's Board of Directors ratified an agreement, with the Bion BLG, LLC, loan group, effective 10/15/2024, to purchase a Convertible Promissory Note in the principal amount of up to $500,000. Mr. Weerts and two other Bion Directors are members of the loan group and together comprise 60% ownership of the loan group (and Promissory Note) (each member owns 20%). The Note is secured by the Company's Intellectual Property (IP)/patents. The Note will convert into securities in the Company at the terms of a later capital raise (or other source of funding) in excess of $3.0 million, which must be completed within six (6) months, and other terms as defined in the Note and Security Agreements (see exhibits to Form 8-K filed 10/24/2024).