SEC Form 4 · accession 0000750004-18-000160
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 19, 2018
Accepted (ET)
Jun 21, 2018 · 4:46 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 19, 2018 | M | 1,554 | $0.00 | A | 88,032 | D | |
| Common StockF1 | holding | — | — | — | 34,575,736 | I | See footnote |
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 19, 2018 | M | 1,554 | D | — | — | Common Stock | 1,554 | 4,665 | 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 LLC, SGMS Acquisition Three LLC, MFV Holdings One LLC and RLX Holdings Two LLC, which hold the securities described above.
- F2Represents vesting of one-fourth of restricted stock units granted on June 19, 2017. The balance of the award is scheduled to vest in three equal installments of 1,555 shares on each of June 19, 2019, 2020 and 2021. Each unit converts into a share of common stock on a one-for-one basis.