James S. Marcelli - 17 Jun 2025 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
CFO, COO, Director
Signature
/s/ James S. Marcelli
Issuer symbol
LWLG
Transactions as of
17 Jun 2025
Transactions value $
-$211,968
Form type
4
Filing time
20 Jun 2025, 16:17:15 UTC
Previous filing
19 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Marcelli James S. CFO, COO, Director 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD /s/ James S. Marcelli 20 Jun 2025 0001442479

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Options Exercise $805,000 +1,150,000 +397% $0.7 1,439,700 17 Jun 2025 Direct
transaction LWLG Common Stock Tax liability -$1,016,967 -800,762 -56% $1.27 638,938 17 Jun 2025 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) Options Exercise $0 -1,150,000 -59% $0 792,336 17 Jun 2025 Common Stock 1,150,000 $0.7 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with a net settlement of a stock option exercise. Shares were withheld for the payment of the exercise price and withholding taxes.
F2 On July 1, 2015, the Issuer granted the reporting person an option to purchase up to 1,150,000 shares of Issuer common stock. All 1,150,000 options vest on July 1, 2015.