Mark A. Smith - 30 Jun 2024 Form 5 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role
Resigned 7/31/2024
Signature
/s/ Mark A. Smith
Issuer symbol
BNET
Transactions as of
30 Jun 2024
Net transactions value
$0
Form type
5
Filing time
01 Aug 2024, 17:30:03 UTC
Previous filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BNET Common Stock 4,476,545 30 Jun 2024 Direct F1
holding BNET Common Stock 53,756 30 Jun 2024 Wife IRA
holding BNET Common Stock 62,535 30 Jun 2024 MAS IRA
holding BNET Common Stock 86,754 30 Jun 2024 Lotaylingkyur LLC F2
holding BNET Common Stock 12,681 30 Jun 2024 Lotaylingkyur Foundation

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BNET 2020 Non adjusted Convertible obligation 242,152 30 Jun 2024 Common Stock 242,152 $0.5000 Direct F3
holding BNET Deferred Compensation 244,359 30 Jun 2024 Common Stock 244,359 $0.3000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark A. Smith is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As of July 31, 2024, Mr. Smith and his spouse are the owners of 4,476,545 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 April 3, 2024 Form 4 report by 55,443 shares.
F2 The total number of shares held by Lotaylingkyur LLC was understated, in error, on the April 3, 2024 Form 4 report by 1400 shares. Lotaylingkyur LLC is controlled by Mr. Smith and his wife.
F3 As of July 31, 2024, the balance of the 2020 Convertible Obligation owned by Mr. Smith was $121,075.58 convertible into 242,152 units (each unit consisting of one share and one warrant exercisable at $.75/warrant).
F4 As of July 31,2024, Mr. Smith has a balance of $75,751 deferred compensation which is convertible at the market price of $0.31 into 244,359 shares of common stock.

Remarks:

On July 31, 2024 Mark Smith commenced his retirement including from his various positions (including Director, President, Interim CFO and General Counsel at the Company (and its subsidiaries). This will be Mr. Smith's final filing.