Form 4 for LWLG Lightwave Logic, Inc.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0001079973-23-000740 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-17 | 2023-05-15 | LWLG | Marcelli James S. | Pres, COO, Dir | M - OptEx | $1.00 | +100.0K | 346.7K | +41% | +$100.0K |
| D | 2023-05-17 | 2023-05-15 | LWLG | Marcelli James S. | Pres, COO, Dir | S - Sale+OE | $4.57 | -57.0K | 289.7K | -16% | -$260.5K |
| D | 2023-05-17 | 2023-05-15 | LWLG | Marcelli James S. | Pres, COO, Dir | M - OptEx | $0.00 | -100.0K | 1.79M | -5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-15 | M | A | 100,000 | $1.00 | 346,740 | D | — | — | |
| 2 | Common | Common Stock | 2023-05-15 | S | D | 57,000 | $4.57 | 289,740 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold as part of a block trade in multiple transactions at prices ranging from $4.50 to $4.68, 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. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2023-05-15 | M | D | 100,000 | $0.00 | 1,790,000 | D | $1.00 · — to 2023-05-16 | 100,000 Common Stock | (F3) On May 17, 2013, the registrant granted the reporting person an option to purchase up to 100,000 shares of company stock that vest pursuant to the following schedule: The options vest in equal installments of 25,000 options, with the first installment vesting on August 1, 2013, and the remaining installments vesting quarterly commencing on October 1, 2013. |