SEC Form 4 · accession 0001209191-15-060929
Vystar Corp · VYST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Allegra
10% Owner
Period of report
Jun 2, 2015
Accepted (ET)
Jul 15, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001308027
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 18, 2015 | X | 416,667 | $0.03 | A | 3,064,445 | I | By Diamond II Investments, LLC |
| Common StockF2 | Jun 18, 2015 | X | 125,000 | $0.03 | A | 2,690,582 | I | By Itailia-Eire, LP |
| Common Stock | Jul 13, 2015 | P | 15,000 | $0.04 | A | 741,819 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrant (Right to Buy)F1 | $0.05 | Jun 2, 2015 | D | 416,667 | D | Feb 27, 2014 | Feb 27, 2016 | Common Stock | 416,667 | 0 | I |
| Common Stock Warrant (Right to Buy)F1 | $0.03 | Jun 2, 2015 | A | 416,667 | A | Feb 27, 2014 | Feb 27, 2016 | Common Stock | 416,667 | 416,667 | I |
| Common Stock Warrant (Right to Buy)F2 | $0.05 | Jun 2, 2015 | D | 125,000 | D | Feb 28, 2014 | Feb 28, 2016 | Common Stock | 125,000 | 0 | I |
| Common Stock Warrant (Right to Buy)F2 | $0.03 | Jun 2, 2015 | A | 125,000 | A | Feb 28, 2014 | Feb 28, 2016 | Common Stock | 125,000 | 125,000 | I |
| Common Stock Warrant (Right to Buy)F1 | $0.03 | Jun 18, 2015 | X | 416,667 | D | Feb 27, 2014 | Feb 27, 2016 | Common Stock | 416,667 | 0 | I |
| Common Stock Warrant (Right to Buy)F2 | $0.03 | Jun 18, 2015 | X | 125,000 | D | Feb 28, 2014 | Feb 28, 2016 | Common Stock | 125,000 | 0 | I |
Explanation of responses
- F1Held by Diamond II Investments, LLC, of which the Reporting Person is a member and manager thereof.
- F2Held by Itailia-Eire, LP, of which the Reporting Person is the General Partner and majority owner.
- F3The 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.