Siraj Nour El-Ahmadi - 28 Feb 2025 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
28 Feb 2025
Net transactions value
-$0.18
Form type
4
Filing time
03 Mar 2025, 17:41:24 UTC
Previous filing
12 Dec 2024
Next filing
02 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Options Exercise $40,000 +50,000 +70% $0.8000 121,369 28 Feb 2025 Direct
transaction LWLG Common Stock Tax liability $40,000 -33,058 -27% $1.21 88,311 28 Feb 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 -50,000 -6.9% $0.000000 670,000 28 Feb 2025 Common Stock 50,000 $0.8000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of exercise price.
F2 The registrant granted the reporting person an option to purchase up to 50,000 shares of company stock that vest pursuant to the following schedule: 20,000 options vest immediately, and the remaining options vest in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2015.