Form 4 for LWLG Lightwave Logic, Inc.
Accepted 2023-12-15 00:00:00 ET · period of report 2023-12-13 · accession 0001079973-23-001770 · 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 | 2023-12-15 | 2023-12-13 | LWLG | LEONBERGER FREDERICK J | Dir | X - OptEx | $0.71 | +100.0K | 254.1K | +65% | +$71.0K |
| D | 2023-12-15 | 2023-12-13 | LWLG | LEONBERGER FREDERICK J | Dir | S - Sale+OE | $4.67 | -75.0K | 179.1K | -30% | -$350.2K |
| D | 2023-12-15 | 2023-12-13 | LWLG | LEONBERGER FREDERICK J | Dir | X - OptEx | $0.00 | +100.0K | 875.0K | +13% | $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 | 2023-12-13 | X | A | 100,000 | $0.71 | 254,128 | D | — | — | |
| 2 | Common | Common Stock | 2023-12-13 | S | D | 75,000 | $4.67 | 179,128 | D | — | — | (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. |
| 3 | Derivative | Warrant (Right to Buy) | 2023-12-13 | X | A | 100,000 | $0.00 | 875,000 | D | $0.72 · — to 2023-12-31 | 100,000 Common Stock | (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. (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. |