Form 4 for LWLG Lightwave Logic, Inc.

Accepted 2024-12-12 00:00:00 ET · period of report 2024-12-10 · accession 0001079973-24-001681 · 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	2024-12-12	2024-12-10	LWLG	El-Ahmadi Siraj Nour	Dir	A - Grant	$0.00	+25.0K	71.4K	+54%	$0
D	2024-12-12	2024-12-10	LWLG	El-Ahmadi Siraj Nour	Dir	A - Grant	$0.00	+75.0K	720.0K	+12%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-12-10	A	A	25,000	$0.00	71,369	D	—	—	(F1) Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan. 25,000 shares vest on March 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture. (F2) 17,241 of the shares represent a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, which vests as follows: 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. 25,000 of the shares are described in Footnote 1, above. The remaining 29,128 shares are fully vested.
2	Derivative	Employee Stock Option (Right to Buy)	2024-12-10	A	A	75,000	$0.00	720,000	D	$2.65 · — to 2034-12-10	75,000 Common Stock	(F3) Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 75,000 options vest on March 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.