SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Doyle William R.

(Last) (First) (Middle)
2484 BRIARCLIFF RD NE, #22,
SUITE 159

(Street)
ATLANTA GA 30329

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vystar Corp [ VYST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/06/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/17/2014 P 500,000 A $0.05(1) 2,290,183 D
Common Stock 64,000(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrant (Right to Buy) $0.09 10/16/2014 J(3) 81,380 10/16/2014 10/16/2024 Common Stock 81,380 (3) 81,380 D
Common Stock Warrant (Right to Buy) $0.1 10/16/2014 J(4) 73,144 10/16/2014 10/16/2024 Common Stock 73,144 (4) 73,144 D
Director Stock Option (Right to Buy) $0.11 10/17/2014 D(5) 500,000 (6) 07/09/2024 Common Stock 500,000 $0.00 0 D
Director Stock Option (Right to Buy) $0.05 10/17/2014 A(5) 500,000 (6) 07/09/2024 Common Stock 500,000 $0.00 500,000 D
Common Stock Warrant (Right to Buy) $0.06 10/17/2014 D(7) 182,197 01/31/2014 01/31/2024 Common Stock 182,197 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 182,197 01/31/2014 01/31/2024 Common Stock 182,197 $0.00 182,197 D
Common Stock Warrant (Right to Buy) $0.12 10/17/2014 D(7) 81,398 03/28/2014 03/28/2024 Common Stock 81,398 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 81,398 03/28/2014 03/28/2024 Common Stock 81,398 $0.00 81,398 D
Common Stock Warrant (Right to Buy) $0.15 10/17/2014 D(7) 66,442 04/25/2014 04/25/2024 Common Stock 66,442 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 66,442 04/25/2014 04/25/2024 Common Stock 66,442 $0.00 66,442 D
Common Stock Warrant (Right to Buy) $0.12 10/17/2014 D(7) 60,713 05/23/2014 05/23/2024 Common Stock 60,713 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 60,713 05/23/2014 05/23/2024 Common Stock 60,713 $0.00 60,713 D
Common Stock Warrant (Right to Buy) $0.15 10/17/2014 D(7) 52,011 06/30/2014 06/30/2024 Common Stock 52,011 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 52,011 06/30/2014 06/30/2024 Common Stock 52,011 $0.00 52,011 D
Common Stock Warrant (Right to Buy) $0.09 10/17/2014 D(7) 28,540 (8) 09/13/2023 Common Stock 28,540 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 D(7) 28,540 (8) 09/13/2023 Common Stock 28,540 $0.00 28,540 D
Common Stock Warrant (Right to Buy) $0.08 10/17/2014 D(7) 33,363 (8) 09/27/2023 Common Stock 33,363 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 33,363 (8) 09/27/2023 Common Stock 33,363 $0.00 33,363 D
Common Stock Warrant (Right to Buy) $0.07 10/17/2014 D(7) 39,562 (8) 10/11/2023 Common Stock 39,562 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 39,562 (8) 10/11/2023 Common Stock 39,562 $0.00 39,562 D
Common Stock Warrant (Right to Buy) $0.06 10/17/2014 D(7) 32,835 (8) 10/25/2023 Common Stock 32,835 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 32,835 (8) 10/25/2023 Common Stock 32,835 $0.00 32,835 D
Common Stock Warrant (Right to Buy) $0.1 10/17/2014 D(7) 44,859 (8) 12/02/2021 Common Stock 44,859 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 44,859 (8) 12/02/2021 Common Stock 44,859 $0.00 44,859 D
Common Stock Warrant (Right to Buy) $0.1 10/17/2014 D(7) 67,576 (8) 12/30/2021 Common Stock 67,576 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 67,576 (8) 12/30/2021 Common Stock 67,576 $0.00 67,576 D
Common Stock Warrant (Right to Buy) $0.1 10/17/2014 D(7) 68,768 (8) 01/26/2022 Common Stock 68,768 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 68,768 (8) 01/26/2022 Common Stock 68,768 $0.00 68,768 D
Common Stock Warrant (Right to Buy) $0.1 10/17/2014 D(7) 69,770 (8) 02/23/2022 Common Stock 69,770 $0.00 0 D
Common Stock Warrant (Right to Buy) $0.05 10/17/2014 A(7) 69,770 (8) 02/23/2022 Common Stock 69,770 $0.00 69,770 D
Explanation of Responses:
1. The shares were purchased by Mr. Doyle in exchange for his foregoing reimbursement of deferred compensation in the amount of $25,000.
2. Held by Royal Bank of Canada Custodian FBO William R. Doyle RLVR IRA.
3. The securities were issued to Mr. Doyle in exchange for his foregoing reimbursement of deferred compensation in the amount of $7,115.38.
4. The securities were issued to Mr. Doyle in exchange for his foregoing reimbursement of deferred compensation in the amount of $7,115.38.
5. The reported transaction involved an amendment of the exercise price of an outstanding stock option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
6. The option is exercisable in equal installments of 25,000 shares at the end of each financial quarter (the "Vesting Date"), beginning on September 30, 2014 for a period of five (5) years, ending on June 30, 2019, provided that the continuous service of the Optionee as a member of the Company's Board of Directors continues through and on the applicable Vesting Date.
7. The 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.
8. The warrant is exercisable immediately.
Remarks:
Form 1 of 3.
Gerald L. Baxter, Attorney-in-Fact 10/20/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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