0001079973-24-000508.txt : 20240403
0001079973-24-000508.hdr.sgml : 20240403
20240403110006
ACCESSION NUMBER: 0001079973-24-000508
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240331
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
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: 24817316
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
2024-03-31
0
0000875729
BION ENVIRONMENTAL TECHNOLOGIES INC
BNET
0001168243
SMITH MARK A
500 MOHAWK DRIVE #108
BOULDER
CO
80303
1
1
1
0
President
0
Common Stock
2024-04-01
4
A
0
4847
0.00
D
4421102
D
Common Stock
85354
I
Lotaylingkyur LLC
Common Stock
53756
I
Wife IRA
Common Stock
62535
I
MAS IRA
Common Stock
12681
I
Lotaylingkyur Foundation
2020 non-adjusted Convertible Obligation
0.50
2024-03-31
4
C
0
119903.63
0.00
A
Common Stock
239808
239808
D
Deferred Compensation
0.75
2024-04-01
4
D
0
75000
0.00
D
Common Stock
60134
60134
D
Options )right to buy)
2024-04-01
4
D
0
2425000
0.00
D
Common Stock
0
60134
D
As of April 1, 2024, Mr. Smith and his spouse are the owners of 4,421,102 shares of common stock. 1,624,323 shares are registered to Mr. Smith's wife. The total number of shares of common stock was understated, in error, on the February 14, 2024 Form 4 report by 4,847 shares.
As of March 31, 2024, the balance of the 2020 Convertible Obligation owned by Mr. Smith was $119,903.63 convertible into 239,808 units (each unit consisting of one share and one warrant exercisable at $.75/warrant). Each warrant carries the potential to have a price adjustment of 75%.
On April 1, Mr. Smith voluntarily waived all claim to $56,250 of his deferred compensation which was convertible into 75,000 shares of common stock. The balance of his deferred compensation as of April 1, 2024 is $45,100 which is convertible into 60,134 shares of common stock.
On April 1, 2024, Mr. Smith voluntarily surrendered 2,425,000 options (in aggregate) for cancellation.
Mark Smith
2024-04-03