Lightwave Logic Inc (LWLG)

[jealmc79]

“He still owns 1,120,000 shares after the fact assuming he sells all 500k”

Actually, I believe he would own 50,124 shares and still have 1,120,000 options left if he sold all 500,000 shares gained from his current options exercise. So we are likely to see this same scenario again when he decides to exercise his remaining options before they expire.

He would have hade to come up with $650,000 to buy the options outright. Probably the easiest way to come up with that amount of cash was through a cashless exercise. Nothing to get excited about.

Riding the wave!