SCHEDULE 13D
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CUSIP No: 090911207
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Page 2 of 8 Pages
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1
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NAMES OF REPORTING PERSONS
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JACK W. SCHULER
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☐
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||||
3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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||||
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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4,295,266 (1)
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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4,295,266 (1)
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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4,295,266 (1)
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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2.78% (2)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1) |
This amount includes 4,275,266 Shares that the Reporting Person has the right to acquire upon exercise of warrants.
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(2) |
This percentage is based on a total of 154,674,425 Shares outstanding, which is the sum of: (i) 150,399,159 Shares outstanding as of May 4, 2021 and (ii) 4,275,266 Shares that the Reporting Person has the
right to acquire upon exercise of warrants.
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SCHEDULE 13D
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CUSIP No: 090911207
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Page 3 of 8 Pages
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1
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NAMES OF REPORTING PERSONS
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JACK W. SCHULER LIVING TRUST
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☐
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||||
3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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WC
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|||
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Illinois
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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170,159 (1)
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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170,159 (1)
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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170,159 (1)
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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||||
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.11% (2)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1) |
This amount consists of 170,159 Shares that the Reporting Person has the right to acquire upon exercise of warrants.
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(2) |
This percentage is based on a total of 150,569,318 Shares outstanding, which is the sum of (i) 150,399,159 Shares outstanding as of May 4, 2021 and (ii) 170,159 Shares that the Reporting Person has the right
to acquire upon exercise of warrants.
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SCHEDULE 13D
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CUSIP No: 090911207
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Page 4 of 8 Pages
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1
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NAMES OF REPORTING PERSONS
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RENATE SCHULER
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
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☐
|
||
(b)
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☐
|
||||
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||||
3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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OO
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||||
5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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||||
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||||
6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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|||
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||||
8
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SHARED VOTING POWER
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4,125,107 (1)
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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4,125,107 (1)
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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4,125,107 (1)
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|||
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||||
12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
|
||
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||||
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||||
13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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2.67% (2)
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|||
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||||
14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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|||
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(1) |
This amount includes 4,105,107 Shares the Reporting Person has the right to acquire upon exercise of warrants.
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(2) |
This percentage is based on a total of 154,504,266 Shares outstanding, which is the sum of: (i) 150,399,159 Shares outstanding as of May 4, 2021 and (ii) 4,105,107 Shares that the Reporting Person has the
right to acquire upon exercise of warrants.
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SCHEDULE 13D
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CUSIP No: 090911207
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Page 5 of 8 Pages
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1
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NAMES OF REPORTING PERSONS
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SCHULER FAMILY FOUNDATION
|
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|||
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|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
☐
|
||
(b)
|
☐
|
||||
|
|
||||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
|
|
||
WC
|
|
|
|||
|
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
|
|
☐
|
||
|
|
||||
|
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
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Illinois
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
|
|
|
|
0
|
|
|
|||
|
|
||||
8
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SHARED VOTING POWER
|
|
|
||
4,105,107 (1)
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|
|
|||
|
|
||||
9
|
SOLE DISPOSITIVE POWER
|
|
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||
0
|
|
|
|||
|
|
||||
10
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SHARED DISPOSITIVE POWER
|
|
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||
4,105,107 (1)
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|||
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|
||||
11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
4,105,107 (1)
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|
|
|||
|
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
☐
|
||
|
|
||||
|
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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|
|
||
2.66% (2)
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|
|
|||
|
|
||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
CO
|
|
|
|||
|
|
(1) |
This amount consists of 4,105,107 Shares the Reporting Person has the right to acquire upon exercise of warrants.
|
(2) |
This percentage is based on a total of 154,504,266 Shares outstanding, which is the sum of: (i) 150,399,159 Shares outstanding as of May 4, 2021 and (ii) 4,105,107 Shares that the Reporting Person has the
right to acquire upon exercise of warrants.
|
SCHEDULE 13D
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CUSIP No: 090911207
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Page 6 of 8 Pages
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Item 1. |
Security and Issuer
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Item 3.
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Source and Amount of Funds or Other Consideration
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Item 4. |
Purpose of Transaction
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Item 5. |
Interest in Securities of the Issuer
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SCHEDULE 13D
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CUSIP No: 090911207
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Page 7 of 8 Pages
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Name
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Date
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Quantity Sold
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Price
|
||||
Foundation
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1/20/2021
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1,283,884
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$0.8401
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||||
Foundation
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1/14/2021
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1,633,516
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$0.9471
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||||
Foundation
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12/31/2020
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1,000,000
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$0.5644
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||||
Foundation
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12/29/2020
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1,000,000
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$0.4367
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||||
Foundation
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12/28/2020
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300,000
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$0.3241
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||||
Foundation
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12/28/2020
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65,431
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$0.3358
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||||
Foundation
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12/23/2020
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239,392
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$0.2712
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||||
Foundation
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12/22/2020
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187,774
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$0.2824
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||||
Foundation
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12/21/2020
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572,671
|
$0.2814
|
||||
Foundation
|
12/18/2020
|
90,575
|
$0.2818
|
||||
Foundation
|
12/8/2020
|
1,200,000
|
$0.2966
|
||||
Living Trust
|
12/4/2020
|
739,820
|
$0.3024
|
||||
Foundation
|
12/2/2020
|
1,115,000
|
$0.2956
|
||||
Foundation
|
11/30/2020
|
203,057
|
$0.2860
|
||||
Foundation
|
11/27/2020
|
71,100
|
$0.2986
|
SCHEDULE 13D
|
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CUSIP No: 090911207
|
Page 8 of 8 Pages
|
JACK W. SCHULER
|
||
/s/ Jack W. Schuler
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JACK W. SCHULER LIVING TRUST
|
|||
By:
|
/s/ Jack W. Schuler
|
||
Name:
|
Jack W. Schuler
|
||
Title:
|
Trustee
|
RENATE SCHULER
|
||
/s/ Renate Schuler
|
SCHULER FAMILY FOUNDATION
|
|||
By:
|
/s/ Jack W. Schuler
|
||
Name:
|
Jack W. Schuler
|
||
Title:
|
President
|