Thomas M. Connelly Jr - Sep 4, 2024 Form 3 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Thomas M. Connelly, Jr.
Stock symbol
LWLG
Transactions as of
Sep 4, 2024
Transactions value $
$0
Form type
3
Date filed
9/17/2024, 05:58 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LWLG Common Stock 11.5K Sep 4, 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) Sep 4, 2024 Common Stock 30K $5.00 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 as follows: The shares vest in 8 equal quarterly installments of 1,436 shares beginning October 1, 2024, 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 as follows: 7,500 vest on September 4, 2024 and the balance vest in 3 equal monthly installments of 7,500 beginning October 1, 2024, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture