POSNER STEPHEN J 4
4 · BION ENVIRONMENTAL TECHNOLOGIES INC · Filed Jul 10, 2025
Insider Transaction Report
Form 4
POSNER STEPHEN J
Director
Transactions
- Other
Convertible Promissory Note
2025-07-07Exp: 2025-12-31→ Common Stock
Holdings
- 357,178
Common Stock
- 150,900(indirect: By IRA)
Common Stock
- 25,000
Warrants to purchase common stock
Exercise: $0.85From: 2017-08-27Exp: 2025-12-31→ Class DBADV (25,000 underlying)
Footnotes (2)
- [F1]As of May 30, 2025, Mr. Posner owns 25,000 warrants to purchase common stock at $.85 until 12/31/2025. These warrants carry a potential price adjustment of 75%.
- [F2]On July 7, 2025, Mr. Posner purchased a Convertible Promissory Note in the principal amount of $25,000. The Note is secured by the Company's Intellectual Property (IP)/Patents. The Note will convert into securities in the Company at the terms of a later capital raise (or other source of funding) in excess of $3.0 million. The maturity date of the note is December 31, 2025.