SEC Form 4 · accession 0001209191-16-139246
Vystar Corp · VYST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Allegra
10% Owner
Period of report
Mar 1, 2015
Accepted (ET)
Aug 31, 2016 · 1:08 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 | Mar 1, 2015 | C | 2,660,353 | $0.05 | A | 6,024,798 | I | By Diamond II Investments, LLC |
| Common StockF2 | Mar 1, 2015 | C | 1,181,644 | $0.05 | A | 3,872,226 | I | By by Itailia-Eire, LP |
| Common StockF3 | May 16, 2016 | P | 500,000 | $0.05 | A | 600,000 | I | By Diamond I Investments, LLC |
| Common StockF1 | May 16, 2016 | P | 500,000 | $0.05 | A | 6,524,798 | I | By Diamond II Investments, LLC |
| Common StockF4 | holding | — | — | — | 751,819 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10% Series A Cumulative Convertible Preferred StockF1,F5,F6 | $0.05 | Mar 1, 2015 | C | 11,257 | D | — | — | Common Stock | 2,660,353 | 0 | I |
| 10% Series A Cumulative Convertible Preferred StockF2,F5,F6 | $0.05 | Mar 1, 2015 | C | 5,000 | D | — | — | Common Stock | 1,181,644 | 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.
- F3Held by Diamond I Investments, LLC, of which the Reporting Person is a member and manager thereof.
- F4Reflects a correction in the total number of shares held directly by the reporting person from the total stated in previous Form 4s filed by the reporting person.
- F5The 10% Series A Cumulative Convertible Preferred Stock ("Series A Preferred Stock")is convertible commencing six months from the acceptance date of the Securities Purchase Agreement, dated May 7, 2013 (the "Purchase Date"). The holder of Series A Preferred Stock can convert up to 5% of its shares six months following the Purchase Date and on a monthly basis thereafter.
- F6Series A Preferred Stock has no expiration date.