Lightwave Logic, Inc. — Director's Dealing 2009

Oct 19, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2009-10-16

Reporting Person: SMITH THOMAS P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-16	Common Stock	M	56500	$1	Acquired	806500	Direct
2009-10-16	Common Stock	S	15000	$1.65	Disposed	791500	Direct
2009-10-16	Common Stock	S	12500	$1.68	Disposed	779000	Direct
2009-10-16	Common Stock	S	9500	$1.63	Disposed	769500	Direct
2009-10-16	Common Stock	S	8000	$1.64	Disposed	761500	Direct
2009-10-19	Common Stock	S	11500	$1.84	Disposed	750000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-16	Warrant (Right to Buy)	$1	M	56500	Disposed	2009-10-18	Common Stock (56500)	Direct

Footnotes

F1: Acquired restricted stock pursuant to exercise of warrant.