SEC Form 4 · accession 0001553350-15-000695
Lightwave Logic, Inc. · LWLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S. Marcelli
Officer — President, COO · Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325964
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $1.75 | Aug 1, 2008 | J | 1,050,000 | D | — | Jul 31, 2015 | Common Stock | 1,050,000 | 200,000 | D |
| Employee Stock Option (Right to Buy)F3 | $1.50 | Jun 18, 2010 | J | 100,000 | D | — | Jul 31, 2015 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (Right to Buy) | $0.70 | Jul 1, 2015 | A | 1,150,000 | A | Jul 1, 2015 | Jun 30, 2025 | Common Stock | 1,150,000 | 1,250,000 | D |
Explanation of responses
- F1These options were cancelled. The cancellation transaction was exempt under Section 16(b) pursuant to Rule 16b-3(e).
- F2The option vested pursuant to the following schedule: The options vested quarterly over three years in equal installments of 87,500 shares per quarter beginning November 1, 2008.
- F3The option vested pursuant to the following schedule: The options vested quarterly over two years in equal installments of 12,500 shares per quarter beginning August 1, 2010.