Lightwave Logic, Inc. — Director's Dealing 2023

Dec 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2023-12-13

Reporting Person: LEONBERGER FREDERICK J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-13	Common Stock	X	100000	$0.71	Acquired	254128	Direct
2023-12-13	Common Stock	S	75000	$4.6737	Disposed	179128	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-13	Warrant (Right to Buy)	$0.715	X	100000	Acquired	2023-12-31	Common Stock (100000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. Share prices on this transaction ranged from $4.62 to $4.725. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote to this Form 4.

F2: The warrant vests as follows: 25,000 on January 1, 2014 with remainder vesting in 10 equal monthly installments of 7,500 over the next 10 months thereafter.

F3: Includes employee stock options to purchase up to 375,000 shares of Issuer common stock and warrants to purchase up to 500,000 shares of Issuer common stock.