Siraj Nour El-Ahmadi - Jan 18, 2022 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Siraj Nour El-Ahmadi
Stock symbol
LWLG
Transactions as of
Jan 18, 2022
Transactions value $
$0
Form type
4
Date filed
1/20/2022, 04:08 PM
Previous filing
Jan 18, 2022
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Award $0 +5.18K $0.00 5.18K Jan 18, 2022 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) Award $0 +50K +10.42% $0.00 530K Jan 18, 2022 Common Stock 50K $9.65 Direct F2
* 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, which vests in 3 equal annual installments over 3 years, with first installment vesting December 31, 2022, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.
F2 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, which vests in 12 equal monthly installments over a period of 12 months, with first installment vesting January 31, 2022, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.