X0203 3 2008-08-01 0 0001325964 Lightwave Logic, Inc. LWLG 0001442479 Marcelli James S. 2601 ANNAND DRIVE SUITE 16 WILMINGTON DE 19808 1 1 0 0 Chief Executive Officer Common Stock 200000 D Employee Stock Option (Right to Buy) 1.75 2013-07-31 Common Stock 1050000 D On August 1, 2008 the reporting person received an option to purchase up to 1,050,000 shares of company common stock. The options vest quarterly over three years in equal installments of 87,500 shares per quarter beginning November 1, 2008. /s/James S. Marcelli 2008-08-04