SEC Form 4 · accession 0000750004-17-000132
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald O Perelman
Director · 10% Owner
Period of report
Jun 10, 2017
Accepted (ET)
Jun 13, 2017 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000750004
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 10, 2017 | M | 2,484 | $0.00 | A | 68,328 | D | |
| Class A Common Stock | Jun 11, 2017 | M | 3,495 | $0.00 | A | 71,823 | D | |
| Class A Common StockF1 | holding | — | — | — | 34,575,737 | I | By SGMS Acq. Corp., SGMS Acq. Two Corp., RLX Holdings Two LLC and MacAndrews & Forbes Incorporated. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Jun 10, 2017 | M | 2,484 | D | — | — | Common Stock | 2,484 | 4,969 | D |
| Restricted Stock UnitsF3 | — | Jun 11, 2017 | M | 3,495 | D | — | — | Common Stock | 3,495 | 3,495 | D |
Explanation of responses
- F1Mr. Perelman is the sole stockholder of MacAndrews & Forbes Incorporated, which is the sole stockholder of each of SGMS Acquisition Corporation, SGMS Acquisition Two Corporation and RLX Holdings Two LLC.
- F2Represents vesting of one-fourth of restricted stock units granted on June 10, 2015. The balance of the award is scheduled to vest on June 10, 2018 (2,484 shares) and 2019 (2,485 shares). Each unit converts into a share of common stock on a one-for-one basis.
- F3Represents vesting of one-fourth of restricted stock units granted on June 11, 2014. The balance of the award is scheduled to vest on June 11, 2018. Each unit converts into a share of common stock on a one-for-one basis.