SEC Form 4 · accession 0000750004-18-000136
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Regan
Director
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 4:47 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 15, 2018 | M | 4,338 | $0.00 | A | 63,950 | 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 UnitsF1 | — | Jun 13, 2018 | A | 2,787 | A | — | — | Common Stock | 2,787 | 2,787 | D |
| Restricted Stock UnitsF2 | — | Jun 15, 2018 | M | 4,338 | D | — | — | Common Stock | 4,338 | 8,677 | D |
Explanation of responses
- F1The restricted stock units are scheduled to vest beginning on June 13, 2019 as to 696 shares and the balance in three equal installments as to 697 shares on each of 2020, 2021 and 2022. Each unit converts into a share of common stock on a one-for-one basis.
- F2Represents vesting of one-fourth of restricted stock units granted on June 15, 2016. The balance of the award is scheduled to vest on June 15, 2019 (4,338 shares) and 2020 (4,339 shares). Each unit converts into a share of common stock on a one-for-one basis.