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Lightwave Logic, Inc. Director's Dealing 2024

Jun 21, 2024

32863_dirs_2024-06-21_b06986c2-2af9-4391-a1bf-372e4e563e3c.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: 2024-06-18

Reporting Person: LEONBERGER FREDERICK J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-06-18 Common Stock A 17241 $0.00 Acquired 196369 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-06-18 Employee Stock Option (Right to Buy) $5.00 A 90000 Acquired 2034-06-17 Common Stock (90000) Direct

Footnotes

F1: Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.

F2: Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 45,000 options vested on June 18, 2024, with the remaining options vesting in 6 equal monthly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.

F3: Includes employee stock options to purchase up to 465,000 shares of common stock and warrants to purchase up to 500,000 shares of common stock.