Thomas E. Zelibor - 18 Jan 2022 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Chair of Board of Directors, Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Thomas E. Zelibor
Issuer symbol
LWLG
Transactions as of
18 Jan 2022
Transactions value $
$0
Form type
4
Filing time
20 Jan 2022, 16:08:44 UTC
Previous filing
29 Dec 2021
Next filing
16 Dec 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 Award $0 +7,772 +4.85% $0 167,896 18 Jan 2022 Direct F1
holding LWLG Common Stock 400 18 Jan 2022 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) Award $0 +50,000 +4.46% $0 1,170,000 18 Jan 2022 Common Stock 50,000 $9.65 Direct F2
* 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, which vests in 3 equal annual installments over 3 years, with first installment vesting December 31, 2022, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.
F2 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, which vests in 12 equal monthly installments over a period of 12 months, with first installment vesting January 31, 2022, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.