SEC Form 4 · accession 0000948830-15-000025
BION ENVIRONMENTAL TECHNOLOGIES INC · BNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dominic Bassani
Officer — CEO · 10% Owner
Period of report
Feb 10, 2015
Accepted (ET)
Feb 17, 2015 · 11:07 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875729
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants to Purchase Common Stock | $1.00 | Feb 10, 2015 | A | 592,916 | A | Feb 10, 2015 | Dec 31, 2020 | Common Stock | 592,916 | 592,916 | D |
| Warrants to Purchase Common Stock | $1.00 | Feb 10, 2015 | G | 592,916 | D | Feb 10, 2015 | Dec 31, 2020 | Common Stock | 592,916 | 0 | D |
| Options (Right to Buy) | $0.75 | Feb 10, 2015 | A | 450,000 | A | Feb 10, 2015 | Dec 31, 2020 | Common Stock | 450,000 | 450,000 | D |
Explanation of responses
- F1These warrants were issued to Mr. Bassani in connection with the restructuring of a loan payable to Mr. Bassani, deferred compensation and a convertible note and approved by the Board on February 10, 2015. Mr. Bassani then gifted these warrants.
- F2These options were granted pursuant to an Extension Agreement relating to Mr. Bassani's employment approved by the Board on February 10, 2015.