Marcelli James S. 4
4 · Lightwave Logic, Inc. · Filed Jun 20, 2025
Insider Transaction Report
Form 4
Marcelli James S.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-06-17$0.70/sh+1,150,000$805,000→ 1,439,700 total - Tax Payment
Common Stock
2025-06-17$1.27/sh−800,762$1,016,968→ 638,938 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2025-06-17−1,150,000→ 792,336 totalExercise: $0.70Exp: 2025-06-30→ Common Stock (1,150,000 underlying)
Footnotes (2)
- [F1]Represents shares withheld by the Issuer in connection with a net settlement of a stock option exercise. Shares were withheld for the payment of the exercise price and withholding taxes.
- [F2]On July 1, 2015, the Issuer granted the reporting person an option to purchase up to 1,150,000 shares of Issuer common stock. All 1,150,000 options vest on July 1, 2015.