Ciesla Craig 4
4 · Lightwave Logic, Inc. · Filed Oct 2, 2025
Insider Transaction Report
Form 4
Ciesla Craig
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-09-30−20,161→ 40,322 total→ Common Stock (20,161 underlying) - Exercise/Conversion
Common Stock
2025-09-30+20,161→ 81,903 total
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- [F2]Includes 17,241 shares of common stock issued pursuant to a restricted stock award granted pursuant to the Issuer'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 Issuer through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
- [F3]Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vest on July 15, 2025, with remaining vesting as follows: 20,161 shares vest on each of September 30, 2025, December 31, 2025, and March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture.