Christopher B. Parlow - Jun 30, 2024 Form 4 Insider Report for BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)

Role: 10%+ Owner
Signature: /s/ Christopher B. Parlow
Stock symbol: BNET
Transactions as of: Jun 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/3/2024, 12:03 PM
Previous filing: Feb 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BNET	Common Stock						67K	Jun 30, 2024	Jointly with wife
holding	BNET	Common Stock						250K	Jun 30, 2024	By Trust
holding	BNET	Common Stock						50K	Jun 30, 2024	Minor Children

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
transaction	BNET	Options (Right to buy)	Disposed to Issuer	$0	-500K	-100%	$0.00^*	0	Jun 30, 2024	Common Stock	0	$0.75	D. Bassani 2019 Irrevocable Trust	F1
holding	BNET	Warrants						1.61M	Jun 30, 2024	Common Stock	1.61M		By Trust	F2
holding	BNET	Warrants						150K	Jun 30, 2024	Common Stock	150K		Direct	F3
holding	BNET	Warrants						147K	Jun 30, 2024	Common Stock	147K		Direct	F4
holding	BNET	Warrants						460K	Jun 30, 2024	Common Stock	460K		By Children	F5
holding	BNET	Warrants						1.5M	Jun 30, 2024	Common Stock	1.5M		D. Bassani 2019 Irrevocable Trust	F6
holding	BNET	Adjusted 2020 Trust Convertible Obligation						230K	Jun 30, 2024	See Note			D. Bassani 2019 Irrevocable Trust	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 30, 2024, Christopher Parlow voluntarily surrendered 500,000 options registered to the Dominic Bassani 2019 Irrevocable Trust ("2019 Trust") for cancellation. Christopher Parlow is the 50% beneficial owner of 1,000,000 options registered to the 2019 Trust.
F2	As of June 30, 2024, 1,614,000 shares underlying warrants are held by the Christopher Parlow Trust with the exercise price of $.75 until
F3	As of June 30, 2024, Mr. Parlow is the owner of 150,000 warrants with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 90%.
F4	As of June 30, 2024, 147,154 warrants are jointly owned with Christopher's spouse with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 75%.
F5	As of June 30, 2024, 459,780 warrants are registered to Mr. Parlow's minor children who reside with him. These warrants have an exercise price of $.75 with the potential price adjustment ranging from 75% to 90%. These warrants will expire on January 15, 2025.
F6	As of June 30, 2024, Mr. Parlow is the owner of 1,500,000 warrants as 50% beneficial owner of the 2019 Trust. These warrants are exercisable at $.75 until January 15, 2025 and carry a potential price adjustment of 75%.
F7	As of June 30, 2024 Mr. Parlow is the 50% beneficial owner of the Adjusted 2020 Trust Convertible Obligation in the amount of $459,277.02. As a result, Mr. Parlow is the owner of $229,638.51 of the note balance which is convertible @ $.0953 into 2,409,639 shares and 1,607,229 warrants.