4//SEC Filing
Bassani Dominic 4
Accession 0001079973-21-000226
CIK 0000875729other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:04 PM ET
Size
11.4 KB
Accession
0001079973-21-000226
Insider Transaction Report
Form 4
Bassani Dominic
10% Owner
Transactions
- Award
DB 2020 Convertible Obligation ("Note")
2021-03-25+111,196→ 0 totalExercise: $0.50→ See footnote - Award
Dominic Bassani 2019 Irr Trust Convert Oblig ("Trust Note")
2021-03-25+717,196→ 0 total(indirect: By Trust)Exercise: $0.50→ See footnote - Award
Options (right to buy)
2021-03-02+250,000→ 250,000 totalExercise: $1.20From: 2021-03-02Exp: 2026-12-31→ Common Stock (250,000 underlying)
Footnotes (9)
- [F1]On March 25, 2021 the terms of the conversion of this 2020 Convertible Obligation changed to increase the issuance of warrants by one-third if and when the Reporting person chooses to convert. The balance of the Convertible Obligation with estimated interest at 3/31/21 is $332,922.
- [F2]On March 25, 2021 the terms of the conversion of this 2020 Convertible Obligation (Trust Note) changed to increase the issuance of warrants by one third if and when the Reporting person chooses to convert.. The balance of the Trust Note with estimated interest at 3/31/21 is $2,147,290. The beneficiary of 50% of the Trust is the Reporting Person's adult daughter who resides within his residence.
- [F3]Each of these options carry an exercise bonus of 75%
- [F4]Convertible Obligation Note began on 1/1/2020
- [F5]Convertible Obligation Note expires on 7/1/2024
- [F6]The Dominic Bassani 2019 Irrevocable Trust Convertible Obligations (Trust Note) began on 1/29/20
- [F7]The Dominic Bassani 2019 Irrevocable Trust Convertible Obligations (Trust Note) expires on 7/1/2024
- [F8]665,844 shares & 444,118 warrants
- [F9]4,294,581 shares & 2,864,486 warrants
Documents
Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Entity typeother
Related Parties
1- filerCIK 0000929535
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:04 PM ET
- Size
- 11.4 KB