MARCELLI JAMES S. (President, COO) exercised options at LIGHTWAVE LOGIC, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/20/2025ACC: 0001553350-25-000071
DirectorOfficer· President, COO
Since Apr 2019
-800.76K
Net shares
Net seller
$1.02M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
1.15M acquired · 1.95M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+1.15M
Price / share
$0.70
Trade value
$805K
% of position
397.0%
6/17/2025
289.70K→1.44M
Common Stock
Direct
Shares
−800.76K
Price / share
$1.27
Trade value
$1.02M
% of position
55.6%
6/17/2025
1.44M→638.94K
Total
Net shares
+349.24K
Net value
-$211.97K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/17/2025 | M · Option Exercise | +1.15M | $0.70 | $805K | 397.0% | 289.70K | 1.44M |
| Common Stock Direct | 6/17/2025 | F · Tax Withholding | −800.76K | $1.27 | $1.02M | 55.6% | 1.44M | 638.94K |
| Total | +349.24K | -$211.97K | ||||||
Derivative Transactions1
Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
1.15M shares
Shares
−1.15M
Strike price
0.70
Held after
792.34K
Exercisable
—
6/17/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Common Stock1.15M shares | 6/17/2025 | M · Option Exercise | −1.15M | 0.70 | — | 792.34K |