Sec Form 4 Filing - Lominy Danielle C. @ BION ENVIRONMENTAL TECHNOLOGIES INC - 2020-01-29

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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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/YY) 01/29/2020 (Street) DIX HILLS, NY11746 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 2015 DB 2019 Irrevocable Trust Convertible Note $ 0.5 01/29/2020 A( 1 ) ( 1 ) ( 1 ) See footnote ( 2 ) ( 2 ) $ 0 0 ( 3 ) I By D. Bassani 2019 Irrevocable Trust Convertible Note

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Lominy Danielle C. 64 VILLAGE HILL DRIVE DIX HILLS, NY11746 X Signatures /s/ Danielle C. Lominy 02/04/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On January 29, 2020 $1,488,509.78 (the full balance) of the 2015 convertible note ('Note') was gifted to the Dominic Bassani 2019 Irrevocable Trust ('Trust'). Reporting person is beneficiary of 50% of the Trust (who is now the beneficial owner of $744,254.85 of the Note). The balance of the Dominic Bassani 2019 Irrevocable Trust Convertible Note ('Trust Note') after gifts is $1,890,509.70 (which is convertible @$.50/into units of BNET restricted securities consisting of one share and 1/2 warrant). As a result, the Reporting Person indirectly remains beneficial owner of $945,254.85 convertible note held in the Dominic Bassani 2019 Irrevocable Trust. This note is convertible into units @$0.50 with each unit consisting of one share of common stock and 1/2 warrant. ( 2 )1,488,510 shares and 744,255 warrants ( 3 )$945,254.85; 1,890,510 shares and 945,255 warrants

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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