Michael S. Lebby - 18 Jun 2024 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
CEO, Director
Signature
/s/ James S.Marcelli, Attorney-in-fact for Michael S. Lebby
Issuer symbol
LWLG
Transactions as of
18 Jun 2024
Transactions value $
$0
Form type
4
Filing time
21 Jun 2024, 16:10:57 UTC
Previous filing
20 Mar 2023
SEC
View on sec.gov

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) Award $0 +150,000 +11.54% $0 1,450,000 18 Jun 2024 Common Stock 150,000 $5 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 75,000 options vested on June 18, 2024, with the remaining options vesting in 6 equal monthly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.