Bassani Dominic 4

4 · BION ENVIRONMENTAL TECHNOLOGIES INC · Filed Jan 24, 2025

Insider Transaction Report

Form 4

Period: 2025-01-03

BION ENVIRONMENTAL TECHNOLOGIES INCBNET

Bassani Dominic

10% Owner

Transactions

Other
The holdings of Danielle Lominy
2025-01-03−8,244,803→ 0 total
Exercise: $0.50→ See Note (8,244,803 underlying)

Holdings

Common Stock
(indirect: Dominic Bassani Estate)
1,444,968
2020 Convertible Collateral Note
(indirect: By Estate)
Exercise: $0.50→ Warrant (507,371 underlying)
507,371
Convertible Deferred Compensation
(indirect: By Estate)
Exercise: $0.17→ Common Stock (71,009 underlying)
71,009
Adjusted 2015 Replacement Note 2
(indirect: By Estate)
Exercise: $0.12→ Common Stock (154,208 underlying)
68,754
2015 Replacement Note 1
(indirect: By Estate)
Exercise: $0.60→ Common Stock (277,972 underlying)
277,972
Warrants
(indirect: By Estate and Linda Bassani)
Exercise: $0.75→ Common Stock (475,000 underlying)
475,000
Warrants (CAP2017)
(indirect: By Estate and Linda Bassani)
Exercise: $0.75→ Common Stock (740,000 underlying)
740,000
2020 Convertible Collateral Note
(indirect: By Estate)
Exercise: $0.50→ Common Stock (760,765 underlying)
760,765

Footnotes (8)

[F1]As of January 3, 2025, 1,444,968 shares of common stock are owned by Linda Bassani who is the executor of the Dominic Bassani Estate "DB Estate".
[F2]As of January 3, 2025, the DB Estate owns $12,071.48 of deferred compensation which is convertible $.17/share. The conversion price is calculated by the average market price of the last ten days of the prior month (Dec 2024)
[F3]As of January 3, 2025, the DB Estate owns the 2015 Replacement Note #2 with a balance of $7906.66 which is convertible into 68,754 shares of common stock at $.115/share. The maturity date of this note is 4/15/2025.
[F4]As of January 3, 2025, the DB Estate owns the 2015 Replacement Note #1 with a balance of $166,782.66 which is convertible into 277,972 shares of common stock at $.60/share. The maturity date of this note is 4/15/2025.
[F5]As of January 3, 2025, the DB Estate owns the 2020 Convertible Collateral Note with a balance of $380,337.56 which is convertible into 760,765 shares and 507,371 warrants. The maturity date of this convertible note is 4/15/2025.
[F6]As of January 3, 2025, the DB Estate owns 325,000 warrants $.75 until 4/15/2025 and Linda Bassani owns 100,000 warrants @ $.75 until 4/15/2025. These warrants carry a potential price adjustment of 75%.
[F7]As of January 3, 2025, the DB Estate owns 640,000 warrants $.75 until 4/15/2025 and Linda Bassani owns 100,000 warrants @ $.75 until 4/15/2025. These warrants carry a potential price adjustment of 90%.
[F8]As of January 3, 2025, Danielle Lominy, the adult daughter of Linda Bassani , no longer resides within Linda Bassani's residence. As a result, the reported Bassani Estate and Linda Bassani's holding are substantially reduced as prior form 4's and other SEC filings included all the securities held (directly and indirectly) by Danielle Lominy. As of January 3, 2025, the DB Estate and Linda Bassani are no longer affiliates of the company as their beneficial ownership has been reduced to lower than 10%. This will be the final filing related to Linda Bassani and the DB Bassani Estate based on the residual beneficial ownership set forth above.

Documents

1 file

4
ownership.xmlPrimary