Lightwave Logic, Inc. — Director's Dealing 2009

Oct 27, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2009-10-23

Reporting Person: SMITH THOMAS P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-24	Common Stock	M	150000	$1	Acquired	900000	Direct
2009-10-26	Common Stock	S	2000	$2.57	Disposed	898000	Direct
2009-10-26	Common Stock	S	2500	$2.56	Disposed	895500	Direct
2009-10-26	Common Stock	S	1150	$2.54	Disposed	894350	Direct
2009-10-26	Common Stock	S	500	$2.52	Disposed	893850	Direct
2009-10-27	Common Stock	S	4500	$2.53	Disposed	889350	Direct
2009-10-27	Common Stock	S	1500	$2.55	Disposed	887850	Direct
2009-10-27	Common Stock	S	2500	$2.52	Disposed	885350	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-23	Warrant (Right to Buy)	$1	G	150000	Acquired	2009-10-24	Common Stock (150000)	Direct
2009-10-24	Warrant (Right to Buy)	$1	M	150000	Disposed	2009-10-24	Common Stock (150000)	Direct

Footnotes

F1: Acquired restricted stock pursuant to exercise of warrant.

F2: Acquired warrant pursuant to a bona fide gift transaction.