Ciesla Craig 4
4 · Lightwave Logic, Inc. · Filed Mar 20, 2023
Insider Transaction Report
Form 4
Ciesla Craig
Director
Transactions
- Award
Common Stock
2023-03-16+19,157→ 24,339 total - Award
Employee Stock Option (Right to Buy)
2023-03-16+100,000→ 150,000 totalExercise: $5.22Exp: 2033-03-15→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 1,601 shares of restricted stock vested on March 16, 2023, with the remaining restricted stock awards vesting in 33 equal monthly installments beginning on April 1, 2023, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.
- [F2]Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 25,003 options vested on March 16, 2023, with the remaining options vesting in 9 equal monthly installments beginning on April 1, 2023, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.