Filing Details

Accession Number:
0001209191-14-019996
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-12 18:40:23
Reporting Period:
2014-03-06
Filing Date:
2014-03-12
Accepted Time:
2014-03-12 18:40:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1308027 Vystar Corp VYST Fabricated Rubber Products, Nec (3060) 202027731
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1546153 D. Keith Osborn 5671 Peachtree-Dunwoody Rd
Atlanta GA 30342
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-06 1,565,742 $0.00 2,315,742 No 4 C Indirect By Sound Investment Partners, LLC
Common Stock Acquisiton 2014-03-07 1,000,000 $0.03 3,021,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Sound Investment Partners, LLC
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 10% Convertible Promissory Note due June 30, 2018 Disposition 2014-03-06 0 $0.00 1,565,742 $0.08
Common Stock Common Stock Warrant (Right to Buy) Acquisiton 2014-03-06 116,204 $0.00 116,204 $0.05
Common Stock Common Stock Warrant (Right to Buy) Acquisiton 2014-03-07 500,000 $0.00 500,000 $0.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-06-28 2018-06-30 No 4 C Indirect
116,204 2014-03-06 2016-03-06 No 4 A Indirect
500,000 2014-03-07 2016-03-07 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 75,500 Indirect by Trust
Common Stock 1,207,075 Indirect By 401(k) plan
Common Stock 55,000 Indirect As custodian for minor child
Footnotes
  1. The principal of the 10% Convertible Promissory Note due June 30, 2018 (the "Note") held by the Reporting Person was converted into shares of the Issuer's common stock ("Common Stock") at the rate of $0.075 per share and the interest on the Note was coverted into Common Stock at the rate of $0.03 per share.
  2. The securities are held by Sound Investment Partners, LLC. The reporting person is the Manager of Sound Investment Partners, LLC.
  3. The shares are held by the Keith D. Osborn 1991 life insurance trust, for which the reporting person's spouse is the sole trustee.
  4. Represents the conversion rate of the principal of the Note.
  5. Represents the number of shares of Common Stock issuable upon conversion of the current principal and interest on the Note.
  6. The warrant was issued to the reporting person in connection with the conversion of the interest on the Note.
  7. The warrant was issued to the Reporting Person in connection with his purchase from the Issuer of 1,000,000 shares of Common Stock.