Le Maitre Yves 4
4 · Lightwave Logic, Inc. · Filed Dec 12, 2024
Insider Transaction Report
Form 4
Le Maitre Yves
DirectorCEO
Transactions
- Award
Common Stock
2024-12-10+50,000→ 62,924 total - Award
Employee Stock Option (Right to Buy)
2024-12-10+150,000→ 187,500 totalExercise: $2.65Exp: 2034-12-10→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan. 50,000 shares vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.
- [F2]12,924 of the shares represent a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, which vests as follows: The shares vest in 9 equal quarterly installments of 1,436 shares beginning September 1, 2024, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture. The remaining 50,000 shares are described in Footnote 1, above.
- [F3]Represents an option award pursuant to the Company's 2016 Equity Incentive Plan. 150,000 options vest on June 10, 2025, subject to continued service with the Company through the applicable vesting date. Unvested shares are subject to forfeiture.