4//SEC Filing
Bassani Dominic 4
Accession 0001079973-25-000123
CIK 0000875729other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 2:45 PM ET
Size
20.1 KB
Accession
0001079973-25-000123
Insider Transaction Report
Form 4
Bassani Dominic
10% Owner
Transactions
- Other
The holdings of Danielle Lominy
2025-01-03−8,244,803→ 0 totalExercise: $0.50→ See Note (8,244,803 underlying)
Holdings
- 1,444,968(indirect: Dominic Bassani Estate)
Common Stock
- 507,371(indirect: By Estate)
2020 Convertible Collateral Note
Exercise: $0.50→ Warrant (507,371 underlying) - 71,009(indirect: By Estate)
Convertible Deferred Compensation
Exercise: $0.17→ Common Stock (71,009 underlying) - 68,754(indirect: By Estate)
Adjusted 2015 Replacement Note 2
Exercise: $0.12→ Common Stock (154,208 underlying) - 277,972(indirect: By Estate)
2015 Replacement Note 1
Exercise: $0.60→ Common Stock (277,972 underlying) - 475,000(indirect: By Estate and Linda Bassani)
Warrants
Exercise: $0.75→ Common Stock (475,000 underlying) - 740,000(indirect: By Estate and Linda Bassani)
Warrants (CAP2017)
Exercise: $0.75→ Common Stock (740,000 underlying) - 760,765(indirect: By Estate)
2020 Convertible Collateral Note
Exercise: $0.50→ Common Stock (760,765 underlying)
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
Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Entity typeother
Related Parties
1- filerCIK 0000929535
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 2:45 PM ET
- Size
- 20.1 KB