Lightwave Logic, Inc. — Director's Dealing 2009

Oct 15, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2009-10-13

Reporting Person: SMITH THOMAS P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-15	Common Stock	M	121000	$1	Acquired	621000	Direct
2009-10-15	Common Stock	S	6500	$1.55	Disposed	614500	Direct
2009-10-14	Common Stock	S	14500	$1.5	Disposed	600000	Direct
2009-10-13	Common Stock	S	15515	$1.33	Disposed	584485	Direct
2009-10-13	Common Stock	S	9100	$1.3401	Disposed	575385	Direct
2009-10-13	Common Stock	S	15000	$1.361	Disposed	560385	Direct
2009-10-13	Common Stock	S	15800	$1.3625	Disposed	544585	Direct
2009-10-13	Common Stock	S	8175	$1.364	Disposed	536410	Direct
2009-10-13	Common Stock	S	5000	$1.365	Disposed	531410	Direct
2009-10-13	Common Stock	S	5000	$1.372	Disposed	526410	Direct
2009-10-13	Common Stock	S	5000	$1.4	Disposed	521410	Direct
2009-10-13	Common Stock	S	2710	$1.4025	Disposed	518700	Direct
2009-10-13	Common Stock	S	18700	$1.405	Disposed	500000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-15	Warrant (Right to Buy)	$1	M	121000	Disposed	2009-10-18	Common Stock (121000)	Direct

Footnotes

F1: Acquired restricted stock pursuant to exercise of warrant.