Filing Details

Accession Number:
0000948830-14-000038
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-04-08 13:50:04
Reporting Period:
2013-07-31
Filing Date:
2014-04-08
Accepted Time:
2014-04-08 13:50:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
875729 Bion Environmental Technologies Inc BNET Agricultural Chemicals (2870) 841176672
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1385716 Anthony Orphanos C/O Blacksmith Advisors, Llc
40 West 57Th Street, 20Th Floor
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-07-31 160,000 $1.25 845,707 No 4 P Indirect By IRA
Common Stock Acquisiton 2013-08-19 120,000 $1.25 965,707 No 4 P Indirect By IRA
Common Stock Acquisiton 2013-09-26 120,000 $1.25 1,085,707 No 4 P Indirect By IRA
Common Stock Acquisiton 2014-03-01 266,667 $0.75 1,352,374 No 4 A Indirect By IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By IRA
No 4 P Indirect By IRA
No 4 P Indirect By IRA
No 4 A Indirect By IRA
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants to Purchase Common Stock (Right to Buy) Acquisiton 2014-03-13 18,750 $0.00 18,750 $0.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,750 2014-03-13 2018-12-31 No 4 J Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 493,563 Direct
Common Stock 130,263 Indirect Jointly with Wife
Footnotes
  1. Adjustment made pursuant to agreement with Issuer to adjust $500,000 investment made between 7/31/13 and 9/26/13 from $1.25 per share to $0.75 per share.
  2. Pursuant to terms of promissory note dated 1/13/2014, every quarter Reporting Person will receive warrants to purchase 18,750 shares at $.85 per share until the loan is repaid or December 31, 2018, whichever is later.