Key facts
- This page summarizes Schafer Edward T.'s Form 4 filing for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET).
- 1 reported transaction and 4 derivative rows are listed below.
- Accepted by SEC: 28 Jan 2025, 11:01.
Schafer Edward T. - 16 Jan 2025 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
- Reporting relationship
- Former Board member-12/31/24
- Issuer ticker
- BNET
- Reported as of
- 16 Jan 2025
- Net transaction value
- -$4,245
- SEC form
- 4
- Accepted by SEC
- 28 Jan 2025, 11:01:15 UTC
- Prior SEC filing
- 27 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Edward Schafer
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Schafer Edward T. filed Form 4 for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET) on 28 Jan 2025.
Change
- Previous filing in this sequence was filed on 27 Feb 2023.
- Current net transaction value: -$4,245.
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
- 158,254
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BNET
transaction
Derivative
Adjusted 2015 Convertble Note
Other
- Transaction value
- $4,245
- Shares
- Change %
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- See footnote
- Underlying amount
- 0
- Exercise price
- $0.1150
- Footnotes
- F2, F4
BNET
holding
Derivative
Adjust 2020 Convertible Obligation
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- $101,973
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- See footnote
- Underlying amount
- $101,973
- Exercise price
- $0.0953
- Footnotes
- F3
BNET
holding
Derivative
Options Right to buy
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,215,000
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,215,000
- Exercise price
- Footnotes
- F4
BNET
holding
Derivative
Class Coverage Warrants
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 23,934
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,934
- Exercise price
- $0.7500
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Schafer Edward T. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
As of 1/16/2025 Mr. Schafer owns 158,254 shares of Common Stock. Effective 12/31/2024, Mr. Schafer retired from the Board of Directors of Bion Environmental Technologies, Inc.. This will be the final filing for Mr. Schafer.
Footnote F2
Effective 1/16/2025, Mr. Schafer voluntarily surrendered 36,918 shares that would have been issued as the result of the conversion of $4,245.48 of the Adjusted 2015 Convertible Note.
Footnote F3
As of 1/16/2025, Mr. Schafer is the owner of the Adjusted 2020 Convertible Note. The balance of the note is $101,973.02 and is convertible at $.0953 into 1,070,021 shares and 535,011 warrants. The maturity date of this note is 4/15/25.
Footnote F4
As of 1/16/2025, Mr. Schafer owns 1,215,000 options to purchase common stock with exercise prices ranging from $.60 to $1.20 and expiration dates ranging from 12/31/2025 to 12/31/2026. These options carry the potential price adjustment of 75%.
Footnote F5
As of 1/16/2025, Mr. Schafer owns 23,934 warrants with an exercise price of $.75 until 12/31/2026. These warrants carry a potential price adjustment of 75%.