LEONBERGER FREDERICK J 4
4 · Lightwave Logic, Inc. · Filed Dec 15, 2023
Insider Transaction Report
Form 4
LEONBERGER FREDERICK J
Director
Transactions
- Exercise of In-Money
Common Stock
2023-12-13$0.71/sh+100,000$71,000→ 254,128 total - Sale
Common Stock
2023-12-13$4.67/sh−75,000$350,528→ 179,128 total - Exercise of In-Money
Warrant (Right to Buy)
2023-12-13+100,000→ 875,000 totalExercise: $0.71Exp: 2023-12-31→ Common Stock (100,000 underlying)
Footnotes (3)
- [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.
- [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.
- [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.