SEC Form 4 · accession 0000948830-16-000091
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
Jun 30, 2015
Accepted (ET)
Jan 5, 2016 · 3:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 30, 2015 | A | 130,953 | $0.84 | A | 136,577 | D | |
| Common StockF1 | Dec 29, 2015 | G | 80,000 | $0.00 | D | 56,577 | D | |
| Common Stock | Dec 29, 2015 | A | 40,000 | $0.00 | A | 108,000 | I | By Daughter |
| Common Stock | holding | — | — | — | 354,342 | I | By Wife | |
| Common Stock | holding | — | — | — | 400,000 | I | By Daughter's Trust | |
| Common Stock | holding | — | — | — | 509,397 | I | By IRA | |
| Common Stock | holding | — | — | — | 10,050 | I | By Roth IRA | |
| Common Stock | holding | — | — | — | 276,104 | I | By Wife's IRA | |
| Common Stock | holding | — | — | — | 44,382 | I | By Wife's Roth IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1During the year ended June 30, 2014, Mr. Bassani elected to convert $110,000 of his Convertible Note at a conversion price of $.84 into 130,953 Units consisting of 130,953 shares of stock which were issued on June 30, 2015. He then gifted 40,000 of these shares to his grandchildren and 40,000 shares to his daughter.