James S. Marcelli - 17 Jun 2025 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Reporting relationship: CFO, COO, Director
Issuer ticker: LWLG
Reported as of: 17 Jun 2025
Net transaction value: -$211,968
SEC form: 4
Accepted by SEC: 20 Jun 2025, 16:17:15 UTC
Prior SEC filing: 19 Feb 2025
Next SEC filing: 05 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ James S. Marcelli

Key filing fact

James S. Marcelli filed Form 4 for Lightwave Logic, Inc. (LWLG) on 20 Jun 2025.

Key facts

This page summarizes James S. Marcelli's Form 4 filing for Lightwave Logic, Inc. (LWLG).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 20 Jun 2025, 16:17.

Change

Previous filing in this sequence was filed on 19 Feb 2025.
Current net transaction value: -$211,968.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001442479 Primary reporting owner

Marcelli James S.

Relationship: CFO, COO, Director
Address: 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD
Signature: /s/ James S. Marcelli
Signature date: 20 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LWLG transaction

Common Stock

Options Exercise

Transaction value: $805,000
Shares: +1,150,000
Change %: +397%
Price: $0.7000
Shares after: 1,439,700
Date: 17 Jun 2025
Ownership: Direct

LWLG transaction

Common Stock

Tax liability

Transaction value: $1,016,968
Shares: -800,762
Change %: -56%
Price: $1.27
Shares after: 638,938
Date: 17 Jun 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LWLG transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -1,150,000
Change %: -59%
Price: $0.000000
Shares after: 792,336
Date: 17 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,150,000
Exercise price: $0.7000
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares withheld by the Issuer in connection with a net settlement of a stock option exercise. Shares were withheld for the payment of the exercise price and withholding taxes.

Footnote F2

On July 1, 2015, the Issuer granted the reporting person an option to purchase up to 1,150,000 shares of Issuer common stock. All 1,150,000 options vest on July 1, 2015.