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
Estimated average burden
hours per response...
0.5
                      
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 * Lominy Danielle C. 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
_____ Officer (give title below)    _____ Other (specify below)
(Last)         (First)         (Middle)
64 VILLAGE HILL DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)
3/25/2021
(Street)
DIX HILLS, NY 11746
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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
Dominic Bassani 2019 Irr Trust Convert Oblig (Trust Note)  $0.50  3/25/2021    A     358597       (1)  (2) See footnote (3)  (3) $0.00  0 (3) D   

Explanation of Responses:
(1)  On March 25, 2021 the terms of the conversion of this 2020 Convertible Obligation changed to increase the issuance of warrants by one-third if converted. The balance of the Convertible Obligation (Trust Note) with estimated interest is $2,147,290 at 3/31/2021.
(2)  The Dominic Bassani 2019 Irrevocable Trust Convertible Obligations (Trust Note) expires on 7/1/2024
(3)  2,147,291 common shares & 1,432,242 warrants

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lominy Danielle C.
64 VILLAGE HILL DRIVE
DIX HILLS, NY 11746

X


Signatures
/s/ Danielle C. Lominy 4/5/2021
**Signature of Reporting Person Date
Bion Environmental Techn... (QB) (USOTC:BNET)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Bion Environmental Techn... (QB) Charts.
Bion Environmental Techn... (QB) (USOTC:BNET)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Bion Environmental Techn... (QB) Charts.