BNET Bion Environmental Technologies Inc (QB)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
OMB APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * Bassani Dominic	2. Issuer Name and Ticker or Trading Symbol BION ENVIRONMENTAL TECHNOLOGIES INC [ BNET ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    __X__ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) CEO
(Last)          (First)          (Middle) C/O BRIGHT CAPITAL, LTD, 64 VILLAGE HILL DRIVE	3. Date of Earliest Transaction (MM/DD/YYYY) 10/1/2020
(Street) DIX HILLS, NY 11746 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY) 10/5/2020	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (Right to Buy) (1)	$0.75	10/1/2020		G (1)			100000	10/1/2020	12/31/2024	Common Stock	100000	$0.00	1900000	D
Options (Right to Buy) (2)	$0.75	10/1/2020		G (2)			1000000	10/1/2020	12/31/2024	Common Stock	1000000	$0.00	900000	D
Options (Right to Buy) (2)	$0.75	10/1/2020		A		500000		10/1/2020	10/1/2024	Common Stock	500000	$0.00	500000	I	See footnote (2)

Explanation of Responses:
(1)	Each of these gifted options carry an exercise bonus of 90%.
(2)	On October 1, 2020, The reporting person gifted 1,000,000 of these options to the Dominic Bassani 2019 Irrevocable Trust ("Trust"). The beneficiary of 50% of the Trust (who is now the beneficial owner) is the Reporting Person's adult daughter who resides within his residence. As a result, the Reporting Person indirectly remains beneficial owner of 500,000 options. Each of these options carry an exercise bonus of 90%.

Remarks: This Form 4 Amendment is being filed to clarify the Indirect ownership

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Bassani Dominic C/O BRIGHT CAPITAL, LTD 64 VILLAGE HILL DRIVE DIX HILLS, NY 11746		X	CEO

Signatures
/s/ Dominic Bassani		10/8/2020
**Signature of Reporting Person		Date