Lightwave Logic, Inc. 10-K

Item 5. Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity Securities. Market Information Our common stock has traded on the Nasdaq Capital Market under the symbol “LWLG” since September 1, 2021. Prior to that time, our common stock traded on the OTCQX and OTCQB under the symbol “LWLG.” While our common stock was trading on the OTCQX and OTCQB, any over-the-counter market quotations reflected inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represented actual transactions. Holders As of February 28, 2022, there were approximately 80 holders of our common stock. This does not include persons who hold our Common Stock in nominee or “street name” accounts through brokers or banks. Dividends No cash dividends have been declared or paid on our common stock to date and we currently intend to use all available funds to fund the development and growth of our business. Securities Authorized for Issuance under Equity Compensation Plans Equity Compensation Plans as of December 31, 2021. Equity Compensation Plan Information Number of securities to be issued upon exercise of outstanding options, warrants and rights Weighted-average exercise price of outstanding options, warrants and rights Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) Plan category (a) (b) (c) Equity compensation plans approved by security holders (1) 6,748,248 $1.05 3,210,250 Equity compensation plans not approved by security holders (2) 1,138,000 $0.85 0 Total 7,886,248 $1.02 3,210,250 1. Reflects shares of common stock to be issued pursuant to our 2016 Equity Incentive Plan and our 2007 Employee Stock Plan, both of which are for the benefit of our directors, officers, employees and consultants. We have reserved 8,000,000 shares of common stock for such persons pursuant to our 2016 Equity Incentive Plan. We terminated our 2007 Employee Stock Plan in June 2016 and no additional awards are made under that plan. 2. Comprised of common stock purchase warrants we issued for services. 41 Stock Performance Graph The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the Securities and Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities Act or the Exchange Act except to the extent we specifically incorporate it by reference into such filing. Our stock price performance shown in the graph below is not indicative of future stock price performance. The graph set forth below compares the cumulative total stockholder return on our common stock between December 31, 2016 and December 31, 2021, with the cumulative total return of (a) the NASDAQ Composite Index and (b) Solactive EPIC Core Photonics EUR Index NTR, over the same period. This graph assumes the investment of $100 on December 31, 2016 in our common stock, the NASDAQ Composite Index and the Solactive EPIC Core Photonics EUR Index NTR and assumes the reinvestment of dividends, if any. The graph assumes our closing sales price on December 30, 2016 of $.62 per share as the initial value of our common stock. The comparisons shown in the graph below are based upon historical data. The stock price performance shown in the graph below is not necessarily indicative of, nor is it intended to forecast, the potential future performance of our common stock. Information used in the graph was obtained from the NASDAQ Stock Market LLC and Solactive AG, financial data providers and sources believed to be reliable. Neither the NASDAQ Stock Market LLC nor Solactive AG are responsible for any errors or omissions in such information. 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 Lightwave Logic, Inc. $100.0 $183.87 $114.51 $112.90 $149.99 $2,399.99 NASDAQ Composite Index $100.0 $128.24 $123.26 $166.68 $239.42 $ 290.63 Solactive EPIC Core Photonics EUR Index NTR $100.0 $128.96 $115.81 $171.10 $218.09 $ 289.21 42 Recent Sales of Unregistered Securities During the period covered by this report, our Company has sold the following securities without registering the securities under the Securities Act: Date Security June 25, 2021 Common Stock — 150,000 shares of Common Stock at $.63 per share pursuant to a warrant exercise. June 30, 2021 Common Stock — 25,000 shares of Common Stock at $.64 per share pursuant to a warrant exercise. June 30, 2021 Common Stock — 25,000 shares of Common Stock at $.67 per share pursuant to a warrant exercise. July 23, 2021 Common Stock —12,000 shares of Common Stock at $.75 per share pursuant to a warrant exercise. Aug. 30, 2021 Common Stock —165,000 shares of Common Stock at $.64 per share pursuant to a warrant exercise. Sept. 30, 2021 Common Stock —250,000 shares of Common Stock at $.62 per share pursuant to a warrant exercise. Nov. 19, 2021 Common Stock — 25,000 shares of Common Stock at $.64 per share pursuant to a warrant exercise. Nov. 19, 2021 Common Stock — 25,000 shares of Common Stock at $.67 per share pursuant to a warrant exercise. No underwriters were utilized, and no commissions or fees were paid with respect to any of the above transactions. These persons were the only offerees in connection with these transactions. We relied on Section 4(a)(2) and Rule 506 of Regulation D of the Securities Act since the transaction does not involve any public offering. Purchases of Equity Securities by the Issuer or Affiliated Purchasers None. Item 6. RESERVED.