Siraj Nour El-Ahmadi - 10 Dec 2024 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
10 Dec 2024
Net transactions value
$0
Form type
4
Filing time
12 Dec 2024, 16:52:02 UTC
Previous filing
21 Jun 2024
Next filing
03 Mar 2025
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 +25,000 +54% $0.000000 71,369 10 Dec 2024 Direct F1, F2

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 +75,000 +12% $0.000000 720,000 10 Dec 2024 Common Stock 75,000 $2.65 Direct F3
* 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. 25,000 shares vest on March 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.
F2 17,241 of the shares represent a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, which vests as follows: 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly 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. 25,000 of the shares are described in Footnote 1, above. The remaining 29,128 shares are fully vested.
F3 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 75,000 options vest on March 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.