SEC Form 4 · accession 0000750004-17-000203
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derik Mooberry
Officer — EVP & Grp Chief Exec, Gaming
Period of report
Nov 19, 2017
Accepted (ET)
Nov 21, 2017 · 4:32 pm EST
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 | Nov 19, 2017 | M | 7,488 | $0.00 | A | 27,647 | D | |
| Class A Common StockF1 | Nov 19, 2017 | F | 3,142 | $50.14 | D | 24,505 | D |
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 | — | Nov 19, 2017 | M | 7,488 | D | — | — | Common Stock | 7,488 | 7,488 | D |
Explanation of responses
- F1Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- F2Represents vesting of one-fourth of restricted stock units granted on November 19, 2014. The balance of the award (7,488 shares) is scheduled to vest on November 19, 2018. Each unit converts into a share of common stock on a one-for-one basis.