Siraj Nour El-Ahmadi - Feb 28, 2025 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Siraj Nour El-Ahmadi
Stock symbol
LWLG
Transactions as of
Feb 28, 2025
Transactions value $
$0
Form type
4
Date filed
3/3/2025, 05:41 PM
Previous filing
Dec 12, 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 $40K +50K +70.06% $0.80 121K Feb 28, 2025 Direct
transaction LWLG Common Stock Tax liability -$40K -33.1K -27.24% $1.21 88.3K Feb 28, 2025 Direct F1

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 -6.94% $0.00 670K Feb 28, 2025 Common Stock 50K $0.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of exercise price.
F2 The registrant granted the reporting person an option to purchase up to 50,000 shares of company stock that vest pursuant to the following schedule: 20,000 options vest immediately, and the remaining options vest in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2015.