Laila Partridge - 30 Sep 2025 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Laila Partridge
Issuer symbol
LWLG
Transactions as of
30 Sep 2025
Transactions value $
-$41,140
Form type
4
Filing time
02 Oct 2025, 17:12:38 UTC
Previous filing
16 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Partridge Laila Director 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD /s/ James S. Marcelli, Attorney-in-fact for Laila Partridge 02 Oct 2025 0001780798

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Options Exercise +20.2K +46.2% 63.8K 30 Sep 2025 Direct F1, F2
transaction LWLG Common Stock Sale -$41.1K -10K -15.67% $4.11 53.8K 02 Oct 2025 Direct F2, F3, F4

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 Restricted Stock Unit Options Exercise $0 -20.2K -33.33% $0.00 40.3K 30 Sep 2025 Common Stock 20.2K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 Includes 17,241shares of common stock issued pursuant to a restricted stock award granted pursuant to the Issuer's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Issuer through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
F3 The sale reported in this Form 4 was to cover tax obligations associated with the vesting of RSUs also reported herein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.06 to $4.18, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., 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 above.
F5 Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vest on July 15, 2025, with remaining vesting as follows: 20,161 shares vest on each of September 30, 2025, December 31, 2025, and March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture.