# EDGAR Filing Document

**Accession Number:** 0001970208
**File Stem:** 0001079973-23-000363
**Filing Date:** 2023-3
**Character Count:** 5014
**Document Hash:** 6bd8c45795c412f6af61134bc015cb67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001079973-23-000363.hdr.sgml**: 20230320

**ACCESSION NUMBER**: 0001079973-23-000363

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230215

**FILED AS OF DATE**: 20230320

**DATE AS OF CHANGE**: 20230320

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Rupp William F.
- **CENTRAL INDEX KEY:** 0001970208

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-19333
- **FILM NUMBER:** 23746976

**MAIL ADDRESS:**
- **STREET 1:** C/O BION ENVIRONMENTAL TECHNOLOGIES, INC
- **STREET 2:** PO BOX 323
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BION ENVIRONMENTAL TECHNOLOGIES INC
- **CENTRAL INDEX KEY:** 0000875729
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE CHEMICALS [2870]
- **IRS NUMBER:** 841176672
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 323
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804
- **BUSINESS PHONE:** (212) 758-6622

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 323
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RSTS CORP
- **DATE OF NAME CHANGE:** 19930328

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Rupp William F.<br><sub>(Last) (First) (Middle)</sub><br>C/O BION ENVIRONMENTAL TECHNOLOGIES INC<br>PO BOX 323<br><sub>(Street)</sub><br>OLD BETHPAGE, NY 11804<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>BION ENVIRONMENTAL TECHNOLOGIES INC [ BNET ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-02-15 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Options (Right to Buy)<sup>(1)</sup> | 2023-02-07 | 2006-12-31 | Common Stock | 50000 | $2.00 | D |  |
| Warrants CLASSADVISORY-1<sup>(2)</sup> | 2022-09-30 | 2025-08-31 | Common Stock | 25000 | $1.50 | I | William F. Rupp Irrevocable Trust |
| Warrants CLASSCONSULT-1<sup>(3)</sup> | 2022-09-30 | 2025-08-31 | Common Stock | 50000 | $1.50 | I | William F. Rupp Irrevocable Trust |

---

### Footnotes:

(1) On February 15, 2023, Mr. Rupp joined the Board of Directors of Bion Environmental Technologies, Inc. and was granted 50,000 options that carry an exercise bonus of 50 percent.

(2) On September 20, 2022, Mr. Rupp joined Bion's Advisory Group and was issued 25,000 warrants in lieu of cash compensation.

(3) On September 20, 2022, Mr. Rupp was issued 50,000 warrants for consulting services. The total number of warrants owned by the reporting person is 75,000.

**Signature:** /s/ William F. Rupp  
**Date:** 2023-03-20

### Remarks:

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.**