Sec Form 4/A Filing - Bassani Dominic @ BION ENVIRONMENTAL TECHNOLOGIES INC - 2019-11-18

FORM 4/A 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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

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/YY) 11/18/2019 (Street) DIX HILLS, NY11746 4. If Amendment, Date Original Filed (MM/DD/YY) 11/22/2019 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 DB 2015 Convertible Note ("Old Note") $ 0.5 11/18/2019 A( 1 ) ( 1 ) ( 1 ) Common Stock ( 1 ) ( 1 ) $ 0 $ 1,788,585 D 2020 Convertible Obligation $ 0.5 01/29/2020 G( 2 ) ( 2 ) ( 2 ) See Note ( 3 ) $ 0 $ 0 $ 0 D 2020 Convertbile Obligation ("Note") $ 0.5 01/29/2020 A( 2 ) ( 2 ) ( 2 ) See note ( 4 ) $ 0 $ 0 $ 0 ( 4 ) I See note ( 2 )

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, NY11746 X CEO Signatures /s/ Dominic Bassani 03/03/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The previous gift of $400,000 principal amount of the Old Note reported on Form 4 filed 11/21/2019 was never completed and the gift was cancelled/reversed. This Form 4A is being filed in part to reflect said reversal of the reported transaction. The DB 2015 Convertible Note was convertible into units @$0.50 into restricted securities consisting of 3,749,267 shares and 1,874,634 warrants. On January 1, 2020 the Old Note was consolidated into the 2020 Convertible Obligation ('Note') with other items owed to the Reporting Person by the Company. ( 2 )On January 29,2020, $2,044,259.78 (the full balance) of the Note owned by Reporting Person was gifted to the Dominic Bassani 2019 Irrevocable Trust ('Trust'). The beneficiary of 50% of the Trust (who is now the beneficial owner of $1,022,129.80 of the Note) is the Reporting Person's adult daughter who resides within his residence. The balance of the Note after gifts is $2,044,259.78 (which is convertible @$.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 $1,022,129.80 of the Trust Note (as the beneficiary resides within his residence). ( 3 )4,088,520 shares and 2,044,260 warrants. ( 4 )2,044,260 shares and 1,022,130 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.