0001079973-22-001492.txt : 20221205
0001079973-22-001492.hdr.sgml : 20221205
20221205170214
ACCESSION NUMBER: 0001079973-22-001492
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221124
FILED AS OF DATE: 20221205
DATE AS OF CHANGE: 20221205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH MARK A
CENTRAL INDEX KEY: 0001168243
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19333
FILM NUMBER: 221445722
MAIL ADDRESS:
STREET 1: 641 LEXINGTON AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
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: PO BOX 323
CITY: OLD BETHPAGE
STATE: NY
ZIP: 11804
BUSINESS PHONE: (212) 758-6622
MAIL ADDRESS:
STREET 1: PO BOX 323
CITY: OLD BETHPAGE
STATE: NY
ZIP: 11804
FORMER COMPANY:
FORMER CONFORMED NAME: RSTS CORP
DATE OF NAME CHANGE: 19930328
4
1
ownership.xml
X0306
4
2022-11-24
0
0000875729
BION ENVIRONMENTAL TECHNOLOGIES INC
BNET
0001168243
SMITH MARK A
401 N. RIVERSIDE DRIVE #408
POMPANO BEACH
FL
33062
1
1
1
0
President
Common Stock
2022-11-24
4
G
0
32000
0.00
D
68001
I
Lotaylingkyur LLC
Common Stock
324077
D
Common Stock
53756
I
Wife IRA
Common Stock
62535
I
MAS IRA
Common Stock
12681
I
Lotaylingkyur Foundation
2020 Convertible Obligation
0.50
2022-12-01
4
A
0
40000
0.00
A
Common Stock
40000
1375199.12
D
Warrants Various Classes
Common Stock
1271944
D
Options (right to buy)
Common Stock
2425000
D
On November 24, 2022, Lotaylingkyur LLC gifted 32,000 shares to various nonprofit entities and family members. Lotaylingkyur LLC is controlled by Mr. Smith and his wife.
On December 1, 2022, Mr. Smith transferred $15,000 of deferred compensation and $25,000 of salary to his 2020 Convertible Obligation. The Balance of the 2020 Convertible Obligation of $1,375,199.12 (after the transaction described in this Form 4) is convertible into 2,750,399 units; each unit consisting of one share and one warrant with the exercise price of $0.75. The warrants are exerciseable through three years after the conversion date. Each of these warrants carry an exercise bonus of 75%.
As of December 5, 2022, Mr. Smith is the direct owner of 1,271,944 underlying warrants. These warrants are comprised of various classes, various prices, various expiration dates and various exercise bonus terms.
As of December 5, 2022, Mr. Smith is the direct owner of 2,425,000 underlying options. These options are comprised of various classes, various prices, various expiration dates and various exercise bonus terms.
/s/ Mark A. Smith
2022-12-05