4//SEC Filing
Partridge Laila 4
Accession 0001079973-25-001544
CIK 0001325964other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:12 PM ET
Size
10.5 KB
Accession
0001079973-25-001544
Insider Transaction Report
Form 4
Partridge Laila
Director
Transactions
- Exercise/Conversion
Common Stock
2025-09-30+20,161→ 63,802 total - Sale
Common Stock
2025-10-02$4.11/sh−10,000$41,140→ 53,802 total - Exercise/Conversion
Restricted Stock Unit
2025-09-30−20,161→ 40,322 total→ Common Stock (20,161 underlying)
Footnotes (5)
- [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 17,241shares 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]The sale reported in this Form 4 was to cover tax obligations associated with the vesting of RSUs also reported herein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.06 to $4.18, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., 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 above.
- [F5]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.
Documents
Issuer
Lightwave Logic, Inc.
CIK 0001325964
Entity typeother
Related Parties
1- filerCIK 0001780798
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:12 PM ET
- Size
- 10.5 KB