SEC Form 4 · accession 0000750004-18-000168
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Winterscheidt
Officer — Chief Accounting Officer
Period of report
Jul 11, 2018
Accepted (ET)
Jul 13, 2018 · 4:34 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 | Jul 11, 2018 | M | 2,500 | $0.00 | A | 2,500 | D | |
| Common StockF1 | Jul 11, 2018 | F | 609 | $50.20 | D | 1,891 | 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 | — | Jul 11, 2018 | M | 2,500 | D | — | — | Common Stock | 2,500 | 5,000 | 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 July 11, 2016. The balance of the award is scheduled to vest in two equal installments on each of July 11, 2019 and 2020. Each unit converts into a share of common stock on a one-for-one basis.