4/A//SEC Filing
Vystar Corp 4/A
Accession 0001209191-14-064336
$VYSTCIK 0001308027operating
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 5:07 PM ET
Size
30.1 KB
Accession
0001209191-14-064336
Insider Transaction Report
Form 4/AAmended
Vystar CorpVYST
Craft J. Douglas
Director
Transactions
- Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−800,000→ 0 totalExercise: $0.27Exp: 2021-04-29→ Common Stock, par value $0.0001 (800,000 underlying) - Award
Common Stock Warrants (Right to Buy)
2013-04-29+200,000→ 200,000 totalExercise: $0.10Exp: 2021-09-14→ Common Stock, par value $0.0001 (200,000 underlying) - Award
Common Stock Warrants (Right to Buy)
2013-04-29+800,000→ 800,000 totalExercise: $0.10Exp: 2021-04-29→ Common Stock, par value $0.0001 (800,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−80,000→ 720,000 totalExercise: $0.10Exp: 2021-04-29→ Common Stock, par value $0.0001 (80,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−20,000→ 180,000 totalExercise: $0.10Exp: 2021-09-14→ Common Stock, par value $0.0001 (20,000 underlying) - Award
Common Stock Warrants (Right to Buy)
2013-04-29+500,000→ 500,000 totalExercise: $0.10Exp: 2023-01-10→ Common Stock, par value $0.0001 (500,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−50,000→ 450,000 totalExercise: $0.10Exp: 2023-01-10→ Common Stock, par value $0.0001 (50,000 underlying) - Award
Director Stock Option (Right to Buy)
2013-04-29+400,000→ 400,000 totalExercise: $0.10Exp: 2019-09-29→ Common Stock, par value $0.0001 (400,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−500,000→ 0 totalExercise: $0.35Exp: 2023-01-10→ Common Stock, par value $0.0001 (500,000 underlying) - Disposition to Issuer
Director Stock Option (Right to Buy)
2013-04-29−400,000→ 0 totalExercise: $0.68Exp: 2019-09-29→ Common Stock, par value $0.0001 (400,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−200,000→ 0 totalExercise: $0.27Exp: 2021-09-14→ Common Stock, par value $0.0001 (200,000 underlying)
Footnotes (7)
- [F1]The reported transaction involved an amendment of the exercise price of an outstanding warrant, resulting in the deemed cancellation of the "old" warrant and the grant of a replacement warrant.
- [F2]160,000 of the shares issuable upon exercise of the warrant vested and became exercisable on the date of grant. The remaining shares issuable upon exercise of the warrant shall vest and become exercisable in increments of 80,000 shares for each loan advance made by an affiliate of the Reporting Person to the Issuer in the principal amount of $100,000, pursuant to a Promissory Grid Note issued by the Issuer.
- [F3]The reported transaction involved a forfeiture of shares to be acquired upon exercise of a replacement warrant.
- [F4]40,000 of the shares issuable upon exercise of the warrant vested and became exercisable on the date of grant. The remaining shares issuable upon exercise of the warrant shall vest and become exercisable in increments of 20,000 shares for each loan advance made by an affiliate of the Reporting Person to the Issuer in the principal amount of $100,000, pursuant to a Promissory Grid Note issued by the Issuer.
- [F5]100,000 of the shares issuable upon exercise of the warrant vested and became exercisable on the date of grant. The remaining shares issuable upon exercise of the warrant shall vest and become exercisable in increments of 80,000 shares for each loan advance made to the Issuer in the principal amount of $100,000, pursuant to a Promissory Grid Note issued by the Issuer.
- [F6]The reported transaction involved an amendment of the exercise price of an outstanding stock option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- [F7]The option is exercisable in equal installments of 20,000 shares at the end of each financial quarter (the "Vesting Date"), beginning on September 30, 2009 for a period of five (5) years, ending on June 30, 2014, provided that the continuous service of the Optionee as a member of the Company's Board of Directors continues through and on the applicable Vesting Date.
Documents
Issuer
Vystar Corp
CIK 0001308027
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0001308027
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 5:07 PM ET
- Size
- 30.1 KB