| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BNET | Common Stock | Gift | $0 | -17.5K | -5.4% | $0.00 | 307K | Feb 7, 2023 | Direct | F1 |
| transaction | BNET | Common Stock | Gift | $0 | -68K | -100% | $0.00* | 0 | Feb 7, 2023 | Lotaylingkyur LLC | F1, F2 |
| holding | BNET | Common Stock | 53.8K | Feb 1, 2023 | Wife IRA | ||||||
| holding | BNET | Common Stock | 62.5K | Feb 1, 2023 | MAS IRA | ||||||
| holding | BNET | Common Stock | 12.7K | Feb 1, 2023 | Lotaylingkyur Foundation |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BNET | 2020 Convertible Obligation | Award | $30K | $30K | Feb 1, 2023 | See footnote | $30K | $0.50 | Direct | F3 | |||
| transaction | BNET | 2020 Convertible Obligation | Disposed to Issuer | -$1.39M | $0 | Feb 1, 2023 | See footnote | $1.39M | $0.50 | Direct | F4 | |||
| transaction | BNET | Adjusted 2020 Convertible Obligation | Award | $277K | $277K | Feb 1, 2023 | See footnote | $277K | $0.09 | Direct | F5 | |||
| holding | BNET | 2020 Collateral Convertible Obligation | $35.7K | Feb 1, 2023 | See footnote | $35.7K | $0.50 | Direct | F6 |
| Id | Content |
|---|---|
| F1 | On February 7, 2023, Mr. Smith and his wife gifted 17,500 shares to various nonprofit entities and family members. |
| F2 | On February 7, 2023, Lotaylingkyur LLC gifted 68,001 shares to various nonprofit entities and family members. Lotaylingkyur LLC is controlled by Mr. Smith and his wife. |
| F3 | On February 1, 2023, Mr. Smith transferred $5,000 of deferred compensation and $25,000 of salary to his 2020 Convertible Obligation. The balance of the 2020 Convertible Obligation of $1,387,060.74 is convertible into 2,744,122 units; each unit consisting of one share and one warrant with the exercise price of $0.75. |
| F4 | On February 1, 2023, the principal of most of the 2020 Convertible Obligation of $1,387,060.74 was adjusted down by 80%. At the end of the maturity date of July 1, 2024, the balance of the 2020 Convertible Obligation would be $1,468,036 and would be convertible into 2,936,072 units of BNET restricted securities consisting of 2,936,072 shares and 2,936,072 warrants @ $.75 each exerciseable through three years after the conversion date. Each of these warrants carry an exercise bonus of 75%. |
| F5 | The principal note balance 'Adjusted 2020 Convertible Obligation' will not accrue interest until the maturity date of July 1, 2024, with conversion terms of $.0946 replacing the prior conversion terms of $0.50. This change will yield equity slightly less than the unadjusted 2020 Convertible Obligation would have received if converted on the maturity date. The balance of the Adjusted 2020 Convertible Obligation is $277,412.16 and is convertible into 2,932,476 units of BNET restricted securities consisting of 2,932,476 shares and 2,932,476 warrants @ $.75 each exerciseable through three years after the conversion date. Each of these warrants carry an exercise bonus of 75%. |
| F6 | Prior to the adjustment of February 1, 2023, there were two 2020 Convertible Obligations; one of which is held by Bion as collateral. This portion of the 2020 Convertible Obligation has remained unchanged and will continue to accrue interest until the maturity date of July 1, 2024, with conversion terms of $0.50 per unit and is convertible into 71,429 restricted shares and 71,429 warrants exerciseable until three years after the conversion date. Each of these warrants carry an exercise bonus of 75%. |