4//SEC Filing
Schafer Edward T 4
Accession 0001079973-25-000150
CIK 0000875729other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 11:01 AM ET
Size
11.3 KB
Accession
0001079973-25-000150
Insider Transaction Report
Form 4
Schafer Edward T
DirectorExecutive Vice Chairman
Transactions
- Other
Adjusted 2015 Convertble Note
2025-01-16→ 0 totalExercise: $0.12→ See footnote (0 underlying)
Holdings
- 158,254
Common Stock
- 1,215,000
Options Right to buy
→ Common Stock (1,215,000 underlying) Adjust 2020 Convertible Obligation
Exercise: $0.10→ See footnote- 23,934
Class Coverage Warrants
Exercise: $0.75→ Common Stock (23,934 underlying)
Footnotes (5)
- [F1]As of 1/16/2025 Mr. Schafer owns 158,254 shares of Common Stock. Effective 12/31/2024, Mr. Schafer retired from the Board of Directors of Bion Environmental Technologies, Inc.. This will be the final filing for Mr. Schafer.
- [F2]Effective 1/16/2025, Mr. Schafer voluntarily surrendered 36,918 shares that would have been issued as the result of the conversion of $4,245.48 of the Adjusted 2015 Convertible Note.
- [F3]As of 1/16/2025, Mr. Schafer is the owner of the Adjusted 2020 Convertible Note. The balance of the note is $101,973.02 and is convertible at $.0953 into 1,070,021 shares and 535,011 warrants. The maturity date of this note is 4/15/25.
- [F4]As of 1/16/2025, Mr. Schafer owns 1,215,000 options to purchase common stock with exercise prices ranging from $.60 to $1.20 and expiration dates ranging from 12/31/2025 to 12/31/2026. These options carry the potential price adjustment of 75%.
- [F5]As of 1/16/2025, Mr. Schafer owns 23,934 warrants with an exercise price of $.75 until 12/31/2026. These warrants carry a potential price adjustment of 75%.
Documents
Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Entity typeother
Related Parties
1- filerCIK 0001376093
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 11:01 AM ET
- Size
- 11.3 KB