0001079973-20-000080.txt : 20200204
0001079973-20-000080.hdr.sgml : 20200204
20200204190857
ACCESSION NUMBER: 0001079973-20-000080
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200129
FILED AS OF DATE: 20200204
DATE AS OF CHANGE: 20200204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Parlow Christopher B.
CENTRAL INDEX KEY: 0001773330
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19333
FILM NUMBER: 20575680
MAIL ADDRESS:
STREET 1: 23 LONGBOW DRIVE
CITY: COMMACK
STATE: NY
ZIP: 11725
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BION ENVIRONMENTAL TECHNOLOGIES INC
CENTRAL INDEX KEY: 0000875729
STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870]
IRS NUMBER: 841176672
STATE OF INCORPORATION: CO
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: C/O BOX 566
STREET 2: 1774 SUMMITVIEW WAY
CITY: CRESTONE
STATE: CO
ZIP: 81131
BUSINESS PHONE: (212) 758-6622
MAIL ADDRESS:
STREET 1: C/O BOX 566
STREET 2: 1774 SUMMITVIEW WAY
CITY: CRESTONE
STATE: CO
ZIP: 81131
FORMER COMPANY:
FORMER CONFORMED NAME: RSTS CORP
DATE OF NAME CHANGE: 19930328
4
1
ownership.xml
X0306
4
2020-01-29
0
0000875729
BION ENVIRONMENTAL TECHNOLOGIES INC
BNET
0001773330
Parlow Christopher B.
23 LONGBOW DRIVE
COMMACK
NY
11725
0
0
1
0
2015 DB 2019 Irrevocable Trust Convertible Note
0.50
2020-01-29
4
A
0
744254.85
0
A
See footenote
0
I
By D. Bassani 2019 Irrevocable Trust Convertible Note
On January 29, 2020 $1,488,509.78 (the full balance) of the 2015 convertible note ('Note') was gifted to the Dominic Bassani 2019 Irrevocable Trust ('Trust'). Reporting person is beneficiary of 50% of the Trust (who is now the beneficial owner of $744,254.85 of the Note). The balance of the Dominic Bassani 2019 Irrevocable Trust Convertible Note ('Trust Note') after gifts is $1,890,509.70 (which is convertible @$.50/into units of BNET restricted securities consisting of one share and 1/2 warrant). As a result, the Reporting Person indirectly remains beneficial owner of $945,254.85 convertible note held in the Dominic Bassani 2019 Irrevocable Trust. This note is convertible into units @$0.50 with each unit consisting of one share of common stock and 1/2 warrant.
1,488,510 shares and
744,255 warrants
$945,254.85; 1,890,510 shares and 945,255 warrants
/s/ Christopher Parlow
2020-02-04