Vystar Corp 4/A
4/A · Vystar Corp · Filed Oct 22, 2014
Insider Transaction Report
Form 4/AAmended
Vystar CorpVYST
Mangum Michelle (Mitsy) Y.
Director
Transactions
- Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−50,000→ 450,000 totalExercise: $0.35Exp: 2023-01-10→ Common Stock, par value $0.0001 (50,000 underlying) - Disposition to Issuer
Common Stock Warrants (Right to Buy)
2013-04-29−80,000→ 720,000 totalExercise: $0.27Exp: 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: $0.27Exp: 2021-09-14→ Common Stock, par value $0.0001 (20,000 underlying)
Footnotes (4)
- [F1]The reported transaction involved a forfeiture of shares to be acquired upon exercise of the 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]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.
- [F4]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.