LEONBERGER FREDERICK J 4
4 · Lightwave Logic, Inc. · Filed Jun 21, 2024
Insider Transaction Report
Form 4
LEONBERGER FREDERICK J
Director
Transactions
- Award
Employee Stock Option (Right to Buy)
2024-06-18+90,000→ 965,000 totalExercise: $5.00Exp: 2034-06-17→ Common Stock (90,000 underlying) - Award
Common Stock
2024-06-18+17,241→ 196,369 total
Footnotes (3)
- [F1]Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 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.
- [F2]Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 45,000 options vested on June 18, 2024, with the remaining options vesting in 6 equal monthly 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.
- [F3]Includes employee stock options to purchase up to 465,000 shares of common stock and warrants to purchase up to 500,000 shares of common stock.