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Lightwave Logic, Inc. — Director's Dealing 2023
Jun 7, 2023
32863_dirs_2023-06-07_34fe15c1-88b6-42df-8951-4f6b8968bb07.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2023-06-06
Reporting Person: Bucchi Ronald A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-06 | Common Stock | M | 50000 | $0.84 | Acquired | 108749 | Direct |
| 2023-06-06 | Common Stock | S | 27625 | $8.205 | Disposed | 81124 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-06 | Employee Stock Option (Right to Buy) | $0.84 | M | 50000 | Disposed | 2023-08-28 | Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3000 | Indirect |
Footnotes
F1: Represents the number of shares sold by the Reporting Person in connection with the cashless exercise of the option and to cover tax withholding obligations.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.19 to $8.25, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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 this footnote 2 to this Form 4.
F3: On August 29, 2013 the reporting person received an option to purchase up to 50,000 shares of company stock that vest pursuant to the following schedule: 20,000 options vest on August 29, 2013, and the remaining options vest in three equal quarterly installments of 10,000 options per quarter commencing on October 1, 2013