Michael S. Lebby - 16 Mar 2023 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Chief Exec. Officer, Director
Signature
/s/ James S.Marcelli, Attorney-in-fact for Michael S. Lebby
Issuer symbol
LWLG
Transactions as of
16 Mar 2023
Transactions value $
$0
Form type
4
Filing time
20 Mar 2023, 17:41:23 UTC
Previous filing
13 Apr 2022
Next filing
21 Jun 2024
SEC
View on sec.gov

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 +200,000 +18.18% $0 1,300,000 16 Mar 2023 Common Stock 200,000 $5.22 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 50,006 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.