4//SEC Filing
Parlow Christopher B. 4
Accession 0001079973-20-000080
CIK 0000875729other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 7:08 PM ET
Size
6.4 KB
Accession
0001079973-20-000080
Insider Transaction Report
Form 4
Parlow Christopher B.
10% Owner
Transactions
- Award
2015 DB 2019 Irrevocable Trust Convertible Note
2020-01-29→ 0 total(indirect: By Trust)Exercise: $0.50→ See footenote
Footnotes (3)
- [F1]On January 29, 2020 $1,488,509.78 (the full balance) of the 2015 convertible note ('Note') was gifted to the Dominic Bassani 2019 Irrevocable Trust ('Trust'). Reporting person is beneficiary of 50% of the Trust (who is now the beneficial owner of $744,254.85 of the Note). The balance of the Dominic Bassani 2019 Irrevocable Trust Convertible Note ('Trust Note') after gifts is $1,890,509.70 (which is convertible @$.50/into units of BNET restricted securities consisting of one share and 1/2 warrant). As a result, the Reporting Person indirectly remains beneficial owner of $945,254.85 convertible note held in the Dominic Bassani 2019 Irrevocable Trust. This note is convertible into units @$0.50 with each unit consisting of one share of common stock and 1/2 warrant.
- [F2]1,488,510 shares and 744,255 warrants
- [F3]$945,254.85; 1,890,510 shares and 945,255 warrants
Documents
Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Entity typeother
Related Parties
1- filerCIK 0001773330
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 7:08 PM ET
- Size
- 6.4 KB