Lightwave Logic raises CEO pay to $420k, COO to $367.5k; grants 360k options

Lightwave Logic, Inc.

Dr. Lebby base salary increased to $420,000/year; annual bonus target set at $210,000, effective Jan 1, 2023.
James Marcelli base salary increased to $367,500/year; bonus target set at $147,000, effective Jan 1, 2023.
Lebby granted option to purchase 200,000 shares at $5.22; 50,006 vested March 16, 2023, remainder vests monthly.
Marcelli granted option to purchase 160,000 shares at $5.22; 40,003 vested immediately, remainder vests monthly. Options expire 2033.

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