Lightwave Logic, Inc. — Director's Dealing 2015

Jul 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2015-07-01

Reporting Person: Pickett William Clendenin III (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-29	Employee Stock Option (Right to Buy)	$1.42	J	250000	Disposed	2015-08-29	Common Stock (250000)	Direct
2010-12-13	Employee Stock Option (Right to Buy)	$1.00	J	100000	Disposed	2015-12-12	Common Stock (100000)	Direct
2015-07-01	Employee Stock Option (Right to Buy)	$0.70	A	350000	Acquired	2025-06-30	Common Stock (350000)	Direct

Footnotes

F1: These options were cancelled. The cancellation transaction was exempt under Section 16(b) pursuant to Rule 16b-3(e).

F2: The option vested pursuant to the following schedule: 137,500 shares vested immediately and 37,500 shares vested at the end of every 12 month period commencing August 29, 2008.

F3: The option vested pursuant to the following schedule: 25,000 shares vested immediately and 25,000 shares vested at the end of every 12 month period commencing November 4, 2010.