Parker Sandra G 4

4 · Vystar Corp · Filed May 3, 2010

Form 4

Period: 2010-04-30

Executive VP, Sales/Marketing

Transactions

Other
warrants to purchase common stock, par value $0.0001
2010-04-30+6,000→ 316,282 total
Exercise: $1.50From: 2010-04-30Exp: 2011-03-04→ common stock, par value $0.0001 (6,000 underlying)
Other
warrants to purchase common stock, $0.0001
2010-04-30+6,000→ 322,282 total
Exercise: $3.25From: 2010-04-30Exp: 2012-03-03→ common stock, par value $0.0001 (6,000 underlying)
Other
common stock, par value
2010-04-30$1.25/sh+12,000$15,000→ 32,000 total

Footnotes (3)

[F1]Pursuant to the revision of the terms of the issuer's private placement, the exercise price of these warrants was reduced to $1.00 per share for the period from April 30, 2010 to June 28, 2010. Thereafter, the exercise price reverts to $1.50 for the remainder of the term of the warrants.
[F2]Pursuant to the revision of the terms of the issuer's private placement, which modified the purchase price of the issuer's common stock, additional warrants to purchase shares of common stock were issued to all prior purchasers including the reporting person
[F3]Pursuant to the revision of the terms of the issuer's private placement, the exercise price of these warrants was reduced to $1.00 per share for the period from April 30, 2010 to June 28, 2010. Thereafter, the exercise price reverts to $3.25 for the remainder of the term of the warrants.

Documents

1 file