0001079973-24-000039.txt : 20240108 0001079973-24-000039.hdr.sgml : 20240108 20240108111648 ACCESSION NUMBER: 0001079973-24-000039 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240108 DATE AS OF CHANGE: 20240108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH MARK A CENTRAL INDEX KEY: 0001168243 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19333 FILM NUMBER: 24518935 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] ORGANIZATION NAME: 08 Industrial Applications and Services 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 X0508 4 2023-12-31 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 0 Common Stock 2023-12-31 4 A 0 449261 0.00 A 1776829 D Common Stock 2023-12-31 4 G 0 200000 0.00 D 1576829 D Common Stock 2024-01-01 4 A 0 522231 0.00 A 2099060 D Common Stock 2024-01-01 4 G 0 122231 0.00 D 1976829 D Common Stock 53756 I Wife IRA Common Stock 62535 I MAS IRA Common Stock 12681 I Lotaylingkyur Foundation Adjusted 2020 Convertible Obligation .0946 2023-12-31 4 D 0 42500 0.00 D Common Stock 42500 522231 D Adjusted 2020 Convertible Obligation .0946 2024-01-01 4 D 0 49403.05 0.00 D Common Stock 49403.05 0 D ClassDECCONV-1 warrants 0.75 2023-12-31 4 A 0 449261 0.00 A Common Stock 449261 449261 D ClassDECCONV-1 warrants 0.75 2023-12-31 4 G 0 200000 0.00 D Common Stock 200000 249261 D Class JAN2024CONV-1 warrants 0.75 2024-01-01 4 A 0 522231 0.00 A Common Stock 522231 522231 D Class JAN2024CONV-1 warrants 0.75 2024-01-01 4 G 0 122231 0.00 D Common Stock 122231 400000 D Various Other Classes warrants Common Stock 2177935 2177935 D Class FEB2021-2 Common Stock 100001 100001 I Lotaylingkyur Inc. Options (right to buy) Common Stock 2425000 2425000 D On December 31, 2023 Mr. Smith converted $42,500 from his Adjusted 2020 Convertible note into 449,261 Units; each unit consisting of one share and one warrant with the exercise price of $.75 until 12/31/2026. Each of these warrants carry an exercise bonus of 75%. The balance of the Adjusted 2020 Convertible note after the December 31, 2023, conversion is $49,403.05. The Adjusted 2020 Convertible note is convertible at $.0946/Unit. On December 31, 2023, Mr. Smith gifted 200,000 units to various family members and non profit entities. Of the 249,261 units not gifted, 149,261 are registered to Mr. Smith's wife. On January 1, 2024, Mr. Smith converted the remaining balance of $49,403.05 of his Adjusted 2020 Convertible note into 522,231 Units; each unit consisting of one share and one warrant with the exercise price of $.75 until 1/1/2027. Each of these warrants carry an exercise bonus of 75%. The Adjusted 2020 Convertible note is convertible at $.0946/Unit. On January 1, 2024, Mr. Smith gifted 122,231 Units to various family members and non profit entities. Of the 400,000 units not gifted, 200,000 are registered to Mr. Smith's wife. As of January 2, 2024, Mr. Smith and his wife are the direct owners of 2,827,196 underlying warrants (1,906.987 Mark Smith, 920,209 Kelly Smith) and indirect owners of 100,001 warrants registered to Lotaylingkyur Inc. (controlled by Mr. & Mrs. Smith) for an aggregate beneficial ownership of 2,927,197 warrants. These warrants are comprised of various classes and various prices with expiration dates ranging from 2024 to 2027 and exercise bonus terms ranging from 75% to 90%. As of January 2, 2024, Mr. Smith is the direct owner of 2,425,000 underlying options. These options are comprised of various classes and various prices with expiration dates ranging from 2024 to 2026 and exercise bonus terms ranging from 75% to 90%. /s/ Mark A. Smith 2024-01-05