Ronald A. Bucchi - 06 Dec 2023 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Ronald A. Bucchi
Issuer symbol
LWLG
Transactions as of
06 Dec 2023
Transactions value $
-$128,343
Form type
4
Filing time
08 Dec 2023, 16:00:04 UTC
Previous filing
07 Jun 2023
Next filing
21 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Options Exercise $0 +50K +85.11% $0.00 109K 06 Dec 2023 Direct
transaction LWLG Common Stock Sale -$63.8K -13.5K -12.41% $4.73 95.2K 06 Dec 2023 Direct F1
transaction LWLG Common Stock Sale -$64.5K -13.5K -14.17% $4.78 81.7K 06 Dec 2023 Direct F2
holding LWLG Common Stock 3K 06 Dec 2023 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LWLG Employee Stock Option (Right to Buy) Options Exercise $0 -50K -4.81% $0.00 990K 06 Dec 2023 Common Stock 50K $0.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. Share prices on this transaction ranged from $4.72 to $4.75. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. Share prices on this transaction ranged from $4.77 to $4.80. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote to this Form 4.
F3 On 01/08/2014 the Issuer granted the Reporting Person an option to purchase up to 50,000 shares of Issuer stock that vest pursuant to the following schedule: 20,000 options vest on January 1, 2014, and the remaining options vest in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2014.