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: Marcelli James S. (Director, President, COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-01	Employee Stock Option (Right to Buy)	$1.75	J	1050000	Disposed	2015-07-31	Common Stock (1050000)	Direct
2010-06-18	Employee Stock Option (Right to Buy)	$1.50	J	100000	Disposed	2015-07-31	Common Stock (100000)	Direct
2015-07-01	Employee Stock Option (Right to Buy)	$0.70	A	1150000	Acquired	2025-06-30	Common Stock (1150000)	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: The options vested quarterly over three years in equal installments of 87,500 shares per quarter beginning November 1, 2008.

F3: The option vested pursuant to the following schedule: The options vested quarterly over two years in equal installments of 12,500 shares per quarter beginning August 1, 2010.