Thomas E. Zelibor - Dec 10, 2024 Form 3 Insider Report for Lightwave Logic, Inc. (LWLG)

Role: President
Signature: /s/ James S. Marcelli, Attorney-in-fact for Thomas E. Zelibor
Stock symbol: LWLG
Transactions as of: Dec 10, 2024
Transactions value $: $0
Form type: 3
Date filed: 12/16/2024, 04:56 PM
Previous filing: Jan 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LWLG	Common Stock						207K	Dec 10, 2024	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
holding	LWLG	Employee Stock Option (Right to Buy)							Dec 10, 2024	Common Stock	50K	$1.22	Direct	F2
holding	LWLG	Employee Stock Option (Right to Buy)							Dec 10, 2024	Common Stock	110K	$0.80	Direct	F3
holding	LWLG	Employee Stock Option (Right to Buy)							Dec 10, 2024	Common Stock	110K	$1.27	Direct	F4
holding	LWLG	Employee Stock Option (Right to Buy)							Dec 10, 2024	Common Stock	50K	$9.65	Direct	F5
holding	LWLG	Employee Stock Option (Right to Buy)							Dec 10, 2024	Common Stock	80K	$2.65	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes a 35,000 share restricted stock award pursuant to the Company's 2016 Equity Incentive Plan. 35,000 shares vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares of restricted stock are subject to forfeiture.
F2	Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. All 50,000 shares are vested.
F3	Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. All 110,000 shares are vested.
F4	Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. All 110,000 shares are vested.
F5	Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. All 50,000 shares are vested
F6	Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. 80,000 options vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.