SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol BION ENVIRONMENTAL TECHNOLOGIES INC [ BNET ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 01/24/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 01/24/2022 | 01/31/2022 | S(1) | 8,000 | D | $1.2 | 562,063 | D | ||
Common Stock | 02/01/2022 | 02/28/2022 | S(2) | 32,000 | D | $1.01 | 530,063 | D | ||
Common Stock | 03/01/2022 | 03/31/2022 | S(3) | 40,154 | D | $0.84 | 489,909 | D | ||
Common Stock | 04/01/2022 | 04/30/2022 | S(4) | 21,227 | D | $0.92 | 468,682 | D | ||
Common Stock | 05/01/2022 | 05/31/2022 | S(5) | 41,000 | D | $0.95 | 427,682 | D | ||
Common Stock | 06/01/2022 | S(6) | 2,020 | D | $0.91 | 425,662 | D | |||
Common Stock | 06/02/2022 | S(6) | 4,000 | D | $0.91 | 421,662 | D | |||
Common Stock | 06/03/2022 | S(6) | 2,980 | D | $0.98 | 418,682 | D | |||
Common Stock | 06/07/2022 | S(6) | 6,590 | D | $0.98 | 412,092 | D | |||
Common Stock | 1,425,374 | I | AGO IRA | |||||||
Common Stock | 120,263 | I | Jointly with wife | |||||||
Common Stock | 0(7) | I | Danielle Bassani Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants Class Z-2 | $1.25 | 04/30/2009 | 12/31/2023 | Common Stock | 10,500 | 12,500 | D | ||||||||
Warrants Class TO-1 | $0.75 | 01/13/2009 | 12/31/2023 | Common Stock | 15,000 | 0.00 | D | ||||||||
Warrants Class TOADV | $0.85 | 12/31/2014 | 12/31/2023 | Common Stock | 93,750 | 93,750 | D | ||||||||
Warrants Class COVWARTO | $1 | 01/01/2015 | 12/31/2023 | Common Stock | 37,500 | 37,500 | D | ||||||||
Warrants Class DCB TRUST-1 | $0.75 | 05/04/2020 | 12/31/2024 | Common Stock | 1,511,477 | 0(7) | I | Danielle Christine Bassani Trust | |||||||
2015 Convertible Notes - 1 | $0.6 | 09/08/2015 | 07/01/2024 | Common Stock | 165,905 | 0.00 | D | ||||||||
2015 Convertible Note - 2 | $0.6 | 08/27/2018 | 07/01/2024 | Common Stock | 575,634 | 575,634 | D |
Explanation of Responses: |
1. From January 24, 2022 through January 31, 2022, Mr. Orphanos sold 8,000 shares of common stock for $9,623. |
2. In the month of February 2022, Mr. Orphanos sold 32,000 shares of common stock for $32,416. |
3. In the month of March 2022, Mr. Orphanos sold 40,154 shares of common stock for $33,787. |
4. In the month of April 2022, Mr. Orphanos sold 21,227 shares of common stock for $19,430. |
5. In the month of May 2022, Mr. Orphanos sold 41,000 shares of common stock for $38,896. |
6. From June 1, 2022 through June 7, 2022, Mr. Orpanos sold 15,590 shares of common stock for $14,848. |
7. As of April 2022, Mr. Orphanos is no longer the co-trustee of 400,000 shares and 1,511,477 shares underlying warrants held by the Danielle Christine Bassani Trust. |
/s/ Anthony Orphanos | 06/09/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |