4//SEC Filing
Bassani Dominic 4
Accession 0001079973-20-000853
CIK 0000875729other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 9:57 PM ET
Size
10.2 KB
Accession
0001079973-20-000853
Insider Transaction Report
Form 4
Bassani Dominic
10% Owner
Transactions
- Gift
Options (Right to Buy)
2020-10-01−100,000→ 1,900,000 totalExercise: $0.75From: 2020-10-01Exp: 2024-12-31→ Common Stock (100,000 underlying) - Gift
Options (Right to Buy)
2020-10-01−1,000,000→ 900,000 totalExercise: $0.75From: 2020-10-01Exp: 2024-12-31→ Common Stock (1,000,000 underlying) - Award
Options (Right to Buy)
2020-10-01+500,000→ 500,000 totalExercise: $0.75From: 2020-10-01Exp: 2024-12-31→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]Each of these gifted options carry an exercise bonus of 90%.
- [F2]On October 1, 2020, The reporting person gifted 1,000,000 of these options to the Dominic Bassani 2019 Irrevocable Trust ("Trust"). The beneficiary of 50% of the Trust (who is now the beneficial owner) is the Reporting Person's adult daughter who resides within his residence. As a result, the Reporting Person indirectly remains beneficial owner of 500,000 options. Each of these options carry an exercise bonus of 90%.
Documents
Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Entity typeother
Related Parties
1- filerCIK 0000929535
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 9:57 PM ET
- Size
- 10.2 KB