X0303 4 2010-04-30 0 0001308027 Vystar Corp vyst 0001473625 Allegra Joseph VYSTAR CORPORATION, 3235 SATELLITE BLVD. BUILDING 400, SUITE 290 DULUTH GA 30096 1 0 0 0 common stock, par value $0.0001 2010-04-30 4 J 0 30000 1.25 A 355000 I By Diamond II Investments, LLC warrants to purchase common stock, par value $0.0001 1.5 2010-04-30 4 J 0 15000 0 A 2010-04-30 common stock, par value $0.0001 15000 545000 I By Diamond II Investments, LLC warrants to purchase common stock, par value $0.0001 3.25 2010-04-30 4 J 0 15000 0 A 2010-04-30 common stock, par value $0.0001 15000 560000 I By Diamond II Investments, LLC 115,000 shares are held by Dr. Allegra directly. 240,000 shares are held by Diamond II Investments, LLC. Dr. Allegra is a Member and manager of Dianmond II Investments, LLC. Pursuant to the revision of the terms of the issuer's private placement, the exercise price of these warrants was reduced to $1.00 per share for the period from April 30, 2010 to June 28, 2010. Thereafter, the exercise price reverts to $1.50 for the remainder of the term of the warrants. Pursuant to the revision of the terms of the issuer's private placement, which modified the purchase price of the issuer's common stock, additional warrants to purchase shares of common stock were issued to all prior purchasers including the reporting person. 7,500 expire on December 22, 2010, and 7,500 expire on January 11, 2011. 105,000 warrants and 400,000 options are held by Dr. Allegra directly. 40,000 warrants are held by Diamond II Investments, LLC. Dr. Allegra is a Member and Manager of Diamond II Investments, LLC. Pursuant to the revision of the terms of the issuer's private placement, the exercise price of these warrants was reduced to $1.00 per share for the period from April 30, 2010 to June 28, 2010. Thereafter, the exercise price reverts to $3.25 for the remainder of the term of the warrants. 120,000 warrants and 400,000 options are held by Dr. Allegra directly. 40,000 warrants are held by Diamond II Investments, LLC. Dr. Allegra is a Member and Manager of Diamond II Investments, LLC. Pursuant to the revision of the terms of the issuer's private placement, which modified the purchase price of the issuer's common stock, additional shares of common stock were issued to all prior purchasers including the reporting person. gerald l baxter 2010-05-03