LEONBERGER FREDERICK J 4
4 · Lightwave Logic, Inc. · Filed Mar 20, 2023
Insider Transaction Report
Form 4
LEONBERGER FREDERICK J
Director
Transactions
- Award
Common Stock
2023-03-16+23,946→ 154,128 total - Award
Employee Stock Option (Right to Buy)
2023-03-16+125,000→ 1,024,000 totalExercise: $5.22Exp: 2033-03-15→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,001 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, 31,256 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.
- [F3]Includes employee stock options to purchase up to 424,000 shares of common stock and warrants to purchase up to 600,000 shares of common stock.