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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1325964	Lightwave Logic Inc.	LWLG	Miscellaneous Plastics Products (3080)	820497368

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1442479	S. James Marcelli	369 Inverness Parkway, Suite 350 Englewood CO 80112	President, Coo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-05-15	100,000	$1.00	346,740	No	4	M	Direct
Common Stock	Disposition	2023-05-15	57,000	$4.57	289,740	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2023-05-15	100,000	$0.00	100,000	$1.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,790,000		2023-05-16	No	4	M	Direct

Footnotes

Represents the number of shares sold by the Reporting Person in connection with the cashless exercise of the option and to cover tax withholding obligations.
The price reported in Column 4 is a weighted average price. These shares were sold as part of a block trade in multiple transactions at prices ranging from $4.50 to $4.68, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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 in this footnote 2 to this Form 4.
On May 17, 2013, the registrant granted the reporting person an option to purchase up to 100,000 shares of company stock that vest pursuant to the following schedule: The options vest in equal installments of 25,000 options, with the first installment vesting on August 1, 2013, and the remaining installments vesting quarterly commencing on October 1, 2013.