X0306 4 2012-07-15 0 0000875729 BION ENVIRONMENTAL TECHNOLOGIES INC BNET 0000929535 Bassani Dominic C/O BRIGHT CAPITAL, LTD. 64 VILLAGE HILLS DRIVE DIX HILLS NY 11746 0 1 1 0 Chief Executive Officer Common Stock 2012-07-15 4 A 0 300000 0 A 345624 D Common Stock 30000 I Joint with Wife Common Stock 58000 I By Daughter Common Stock 9036 I By Wife Common Stock 519447 I By IRA Common Stock 320486 I By Wife's IRA Common Stock 233324 I By Bright Capital Ltd. Common Stock 1055692 I By Chris Dan LLC Warrants to Purchase Common Stock 2.1 2012-07-15 4 A 0 50000 0 A 2012-07-15 2018-12-31 Common Stock 50000 50000 D The 300,000 shares awarded under Company's 2006 Consolidated Incentive Plan are vested, but 150,000 shares will be issued and delivered on January 1, 2015 and 150,000 shares will be issued and delivered on January 1, 2016. /s/ Dominic Bassani 2012-08-28