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

Role
President, COO, Director
Signature
/s/ James S. Marcelli
Issuer symbol
LWLG
Transactions as of
16 Mar 2023
Net transactions value
$0
Form type
4
Filing time
20 Mar 2023, 17:43:25 UTC
Previous filing
20 Jan 2022
Next filing
17 May 2023
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 +160,000 +9.2% $0.000000 1,890,000 16 Mar 2023 Common Stock 160,000 $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, 40,003 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, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.