James S. Marcelli - Jun 18, 2024 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
President, COO, Director
Signature
/s/ James S. Marcelli
Stock symbol
LWLG
Transactions as of
Jun 18, 2024
Transactions value $
$0
Form type
4
Date filed
6/21/2024, 04:13 PM
Previous filing
May 17, 2023

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 +120K +6.7% $0.00 1.91M Jun 18, 2024 Common Stock 120K $5.00 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, 60,000 options vested on June 18, 2024, with the remaining options vesting in 6 equal monthly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.