SEC Form 4 · accession 0001553350-16-001579
Lightwave Logic, Inc. · LWLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Lauro
Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:39 pm EST
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)F1 | $0.68 | Feb 11, 2016 | A | 50,000 | A | — | Jan 28, 2026 | Common Stock | 50,000 | 300,000 | D |
Explanation of responses
- F1The registrant granted the reporting person an option to purchase up to 50,000 shares of company stock that vest pursuant to the following schedule: 20,000 options vest immediately, and the remaining options vest in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2016.