SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person* Parlow Christopher B. (Last) (First) (Middle) 23 LONGBOW DRIVE (Street) COMMACK NY 11725 (City) (State) (Zip)	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)
	3. Date of Earliest Transaction (Month/Day/Year) 01/18/2025
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Common Stock								67,005	I	Jointly with wife
Common Stock								250,000	I	By Trust
Common Stock								50,000	I	Minor Children

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: 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
CPTrust-1 Warrants	$0.75	01/18/2025		D(1)			618,750(1)	(1)	(1)	Common Stock	0	$0.00	995,250(1)	I	Christopher Parlow Trust
Warrants	(2)							(2)	(2)	Common Stock	150,000		150,000	D
Warrants	(3)							(3)	(3)	Common Stock	147,154		147,154	D
Warrants	(4)							(4)	(4)	Common Stock	459,780		459,780	I	By Children
Warrants	(5)							(5)	(5)	Common Stock	1,500,000		1,500,000	I	D. Bassani 2019 Irrevocable Trust
Adjusted 2020 Trust Convertible Obligation	(6)							(6)	(6)	See Note(6)	(6)		229,638.51(6)	I	D. Bassani 2019 Irrevocable Trust

Explanation of Responses:

1. On January 18, 2025, Christopher Parlow voluntarily surrendered 618,750 Class CPTrust-1 warrants registered to the Christopher Parlow Trust for cancellation. There are 995,250 Class CPTrust-1 warrants remaining with the exercise price of $.75 until April 15, 2025. These warrants carry a potential price adjustment ranging from 75% to 90%.

2. As of January 18, 2025, Mr. Parlow is the owner of 150,000 warrants with the exercise price of $.75 until April 15, 2025. These warrants carry a potential price adjustment of 90%. 1,614,000 shares underlying warrants are held by the Christopher Parlow Trust with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 75%.

3. As of January 18, 2025, 147,154 warrants are jointly owned with Christopher's spouse with the exercise price of $.75 until January 15, 2025. These warrants carry a potential price adjustment of 75%.

4. As of January 18, 2025 459,780 warrants are registered to Mr. Parlow's minor children who reside with him. These warrants have an exercise price of $.75 with the potential price adjustment ranging from 75% to 90%. These warrants will expire on January 15, 2025.

5. As of June 30, 2024, Mr. Parlow is the owner of 1,500,000 warrants as 50% beneficial owner of the 2019 Trust. These warrants are exercisable at $.75 until April 15, 2025 and carry a potential price adjustment of 75%.

6. As of January 18, 2025 Mr. Parlow is the 50% beneficial owner of the Adjusted 2020 Trust Convertible Obligation in the amount of $459,277.02. As a result, Mr. Parlow is the owner of $229,638.51 of the note balance which is convertible @ $.0953 into 2,409,639 shares and 1,607,229 warrants.

	/s/ Christopher B. Parlow	01/22/2025
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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