SEC Form 4 · accession 0001140361-18-010888
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
Jan 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:52 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 Stock | Jan 26, 2018 | J | 12,500 | $0.00 | A | 272,500 | I | By Roth IRA |
| Common Stock | Jan 26, 2018 | J | 12,500 | $0.00 | D | 236,897 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F2 | $0.75 | Feb 16, 2018 | A | 2,000,000 | A | Feb 16, 2018 | Dec 31, 2022 | Common Stock | 2,000,000 | 2,000,000 | D |
| Warrants Class CAP2017F3 | $0.75 | Feb 26, 2018 | G | 200,000 | D | Feb 26, 2018 | Dec 31, 2020 | Common Stock | 1,415,000 | 1,415,000 | D |
Explanation of responses
- F1The shares held in the reporting person's IRA account were transferred to reporting person's ROTH IRA Account.
- F2These Options were granted to the reporting person effective 2/16/2018 upon a two year extension of the employee contract. These options carry an exercise bonus of 90%.
- F3Each of these gifted warrants carry an exercise bonus of 90%.