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
- 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.
- The securities are held by Sound Investment Partners, LLC. The reporting person is the Manager of Sound Investment Partners, LLC.
- The shares are held by the Keith D. Osborn 1991 life insurance trust, for which the reporting person's spouse is the sole trustee.
- Represents the conversion rate of the principal of the Note.
- Represents the number of shares of Common Stock issuable upon conversion of the current principal and interest on the Note.
- The warrant was issued to the reporting person in connection with the conversion of the interest on the Note.
- The warrant was issued to the Reporting Person in connection with his purchase from the Issuer of 1,000,000 shares of Common Stock.