SEC Form 4 · accession 0001553350-15-000697
Lightwave Logic, Inc. · LWLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Clendenin Pickett III
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 | $1.42 | Aug 29, 2008 | J | 250,000 | D | — | Aug 29, 2015 | Common Stock | 250,000 | 300,000 | D |
| Employee Stock Option (Right to Buy)F3 | $1.00 | Dec 13, 2010 | J | 100,000 | D | — | Dec 12, 2015 | Common Stock | 100,000 | 200,000 | D |
| Employee Stock Option (Right to Buy) | $0.70 | Jul 1, 2015 | A | 350,000 | A | Jul 1, 2015 | Jun 30, 2025 | Common Stock | 350,000 | 550,000 | 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: 137,500 shares vested immediately and 37,500 shares vested at the end of every 12 month period commencing August 29, 2008.
- F3The option vested pursuant to the following schedule: 25,000 shares vested immediately and 25,000 shares vested at the end of every 12 month period commencing November 4, 2010.