In 2023, Dr. Michael S. Lebby earned $1.54M in total compensation at Lightwave Logic, Inc., including $420.00K salary, $74.03K bonus and $1.04M in stock. Most recently acquired 1,000 shares in Apr 2022. Currently holds stock worth $276.85K. Led Lightwave Logic, Inc. as CEO for 7 years.
Compensation History
Annual executive compensation data for Dr. Michael S. Lebby, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.54M
Salary
$420.00K
Bonus
$74.03K
Other
$3.88K
Salary
$420.00KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate talented executives, aligning their interests with those of shareholders through a mix of base salary, cash bonuses, and long-term equity compensation.
Bonus
$74.03KBoard Justification
The cash bonus earned for the year 2023, based on the achievement of certain financial, strategic, and operational goals.
Other Compensation
$3.88KBoard Justification
Other compensation includes benefits such as health and welfare benefits, disability benefits, and contributions to a 401(k) plan.
Restricted Stock
Board Justification
The stock options granted to Dr. Lebby that vested in 2023, specifically 50,006 options that vested on March 16, 2023, with the remaining options vesting in monthly installments thereafter.
Performance Metrics
The performance metrics considered for determining Dr. Lebby's compensation in 2023 included financial, strategic, and operational goals achieved by the Company.
Dr. Michael S. Lebby
Ex-CEO of Lightwave Logic, Inc.
Sector of Economy
Basic Materials
CEO of Lightwave Logic, Inc. for
7 years 7 months (May 2017 - Dec 2024)
Previous Experience
President and CEO of OneChip Photonics, Inc.
Holdings
Track Dr. Michael S. Lebby's stock holdings and portfolio value over time.
Insider Trading
Dr. Michael S. Lebby's recent stock transactions, purchases, and sales filed with the SEC.
$9.99K
LWLG at $9.99/share
Apr 12, 2022
Purchase
$2.00K
LWLG at $0.77/share
May 5, 2017
Received
$1.99K
LWLG at $0.69/share
Apr 7, 2017
Received
$2.00K
LWLG at $0.68/share
Mar 8, 2017
Received
$2.00K
LWLG at $0.78/share
Feb 8, 2017
Received
$2.00K
LWLG at $0.58/share
Jan 6, 2017
Received
$2.00K
LWLG at $0.59/share
Dec 9, 2016
Received
$2.00K
LWLG at $0.63/share
Nov 9, 2016
Received
$2.00K
LWLG at $0.67/share
Oct 11, 2016
Received
$2.00K
LWLG at $0.71/share
Sep 13, 2016
Received
Rivals
Compare Dr. Michael S. Lebby with competitor CEOs and industry peers.