Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Lominy Danielle C.
2. Date of Event Requiring Statement (Month/Day/Year)
04/10/2017
3. Issuer Name and Ticker or Trading Symbol
BION ENVIRONMENTAL TECHNOLOGIES INC [BNET]
(Last)
(First)
(Middle)
64 VILLAGE HILLS DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DIX HILLS, NY 11746
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 108,000
D
 
Common Stock 400,000
I
By Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants DB-1-2016 11/09/2016 12/31/2021 Common Stock 105,000 $ 1 D  
Warrants DB-1-2016 11/09/2016 12/31/2021 Common Stock 100,000 $ 1 I By Trust
Warrants SVDB-1 08/31/2003 12/31/2020 Common Stock 466,000 $ 1.5 I By Trust
Warrants A-1-1 05/15/2005 12/31/2020 Common Stock 100,000 $ 1.5 I By Trust
Warrants A-3 05/15/2005 12/31/2020 Common Stock 100,000 $ 1.5 I By Trust
Warrants DB-1AA 01/11/2009 12/31/2020 Common Stock 400,000 $ 0.75 I By Trust
Warrants DB-2A-2 09/30/2009 12/31/2020 Common Stock 250,000 $ 1.5 I By Trust
Warrants BNET 2-1 06/01/2011 12/31/2020 Common Stock 15,000 $ 1.5 I By Trust
Warrants BNET 2-1 03/30/2012 12/31/2020 Common Stock 15,000 $ 1.5 I By Trust
Warrants DB-CON-1 12/31/2013 12/31/2020 Common Stock 65,477 $ 1.5 I By Trust
Warrants A-2-4 05/15/2005 12/31/2020 Common Stock 60,000 $ 1.5 D  
Warrants DB-1-A-4 01/11/2009 12/31/2020 Common Stock 40,000 $ 0.75 D  
Warrants DB-Con-2 01/01/2015 12/31/2020 Common Stock 141,458 $ 1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lominy Danielle C.
64 VILLAGE HILLS DRIVE
DIX HILLS, NY 11746
    X    

Signatures

/s/ Danielle C. Lominy 04/21/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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.

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