Clark Matthew P. 4
4 · Vystar Corp · Filed Mar 16, 2011
Insider Transaction Report
Form 4
Vystar CorpVYST
Clark Matthew P.
Vice Pres of Technical Sales
Transactions
- Award
Option to Purchase Common Stock
2011-03-14+50,000→ 50,000 totalExercise: $0.68Exp: 2019-07-05→ Common Stock, par value $0.0001 (50,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+25,000→ 25,000 totalExercise: $0.68Exp: 2019-07-21→ Common Stock, par value $0.0001 (25,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+75,000→ 75,000 totalExercise: $0.68Exp: 2020-04-12→ Common Stock, par value $0.0001 (75,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2011-03-14−100,000→ 0 totalExercise: $1.00From: 2007-01-01Exp: 2017-01-01→ Common Stock, par value $0.0001 (100,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2011-03-14−25,000→ 0 totalExercise: $1.63Exp: 2019-07-21→ Common Stock, par value $0.0001 (25,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2011-03-14−75,000→ 0 totalExercise: $2.00Exp: 2020-04-12→ Common Stock, par value $0.0001 (75,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+25,000→ 25,000 totalExercise: $0.68From: 2011-03-14Exp: 2021-03-13→ Common Stock, par value $0.0001 (25,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2011-03-14−250,000→ 0 totalExercise: $1.00From: 2008-02-11Exp: 2018-02-11→ Common Stock, par value $0.0001 (250,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+100,000→ 100,000 totalExercise: $0.68From: 2011-03-14Exp: 2017-01-01→ Common Stock, par value $0.0001 (100,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+250,000→ 250,000 totalExercise: $0.68From: 2011-03-14Exp: 2018-02-11→ Common Stock, par value $0.0001 (250,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+250,000→ 250,000 totalExercise: $0.68Exp: 2021-03-13→ Common Stock, par value $0.0001 (250,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2011-03-14−50,000→ 0 totalExercise: $1.63Exp: 2019-07-05→ Common Stock, par value $0.0001 (50,000 underlying)
Footnotes (5)
- [F1]The options vest in equal annual installments beginning on March 14, 2012.
- [F2]The reported transactions involved an amendment of the exercise price of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- [F3]The option is exercisable as follows: 33-1/3% on July 6, 2009, 33-1/3% on July 6, 2010, and 33-1/3% on July 6, 2011.
- [F4]The option is exercisable as follows: 20% on July 22, 2009, 20% on July 22, 2010, 20% on July 22, 2011, 20% on July 22, 2012, and 20% on July 22, 2013.
- [F5]25,000 options vest on each January 1, 2011, January 1, 2012, and January 1, 2013 if specified EBITDA goals are met for the fourth quarter of 2010, fiscal year 2011, and/or fiscal year 2012, respectively.