Yves Le Maitre - 10 Dec 2024 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
CEO, Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Yves Le Maitre
Issuer symbol
LWLG
Transactions as of
10 Dec 2024
Net transactions value
$0
Form type
4
Filing time
12 Dec 2024, 16:54:46 UTC
Previous filing
13 Aug 2024
Next filing
22 Sep 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Award $0 +50,000 +387% $0.000000 62,924 10 Dec 2024 Direct F1, F2

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 +400% $0.000000 187,500 10 Dec 2024 Common Stock 150,000 $2.65 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan. 50,000 shares vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.
F2 12,924 of the shares represent a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, which vests as follows: The shares vest in 9 equal quarterly installments of 1,436 shares beginning September 1, 2024, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture. The remaining 50,000 shares are described in Footnote 1, above.
F3 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. 150,000 options vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.