4//SEC Filing
Parker Sandra G 4
Accession 0001209191-11-018502
CIK 0001308027other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:44 PM ET
Size
12.7 KB
Accession
0001209191-11-018502
Insider Transaction Report
Form 4
Vystar CorpVYST
Parker Sandra G
Executive VP, Sales/Marketing
Transactions
- 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+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
2011-03-14−200,000→ 0 totalExercise: $1.00Exp: 2018-04-01→ Common Stock, par value $0.0001 (200,000 underlying) - Award
Option to Purchase Common Stock
2011-03-14+200,000→ 200,000 totalExercise: $0.68Exp: 2018-04-01→ Common Stock, par value $0.0001 (200,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]100,000 of the options were immediately exercisable on the grant date, 50,000 of the options vested on April 1, 2010, and the remaining 50,000 options vest on April 2011.
- [F3]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.
Documents
Issuer
Vystar Corp
CIK 0001308027
Entity typeother
Related Parties
1- filerCIK 0001467873
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 7:44 PM ET
- Size
- 12.7 KB