Siraj Nour El-Ahmadi - 16 Mar 2023 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Siraj Nour El-Ahmadi
Issuer symbol
LWLG
Transactions as of
16 Mar 2023
Net transactions value
$0
Form type
4
Filing time
20 Mar 2023, 17:40:35 UTC
Previous filing
20 Jan 2022
Next filing
14 Jun 2023
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 +23,946 +462% $0.000000 29,128 16 Mar 2023 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) Award $0 +125,000 +24% $0.000000 655,000 16 Mar 2023 Common Stock 125,000 $5.22 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, 2,001 shares of restricted stock vested on March 16, 2023, with the remaining restricted stock awards vesting in 33 equal monthly installments beginning on April 1, 2023, 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, 31,256 options vested on March 16, 2023, with the remaining options vesting in 9 equal monthly installments beginning on April 1, 2023, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.