SEC Form 4 · accession 0000750004-18-000174
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Smail
Officer — Exec VP & Chief Legal Officer
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 4:32 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 | Aug 3, 2018 | M | 4,110 | $0.00 | A | 30,315 | D | |
| Common StockF1 | Aug 3, 2018 | F | 1,618 | $42.15 | D | 28,697 | 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 | — | Aug 3, 2018 | M | 4,110 | D | — | — | Common Stock | 4,110 | 4,111 | 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 August 3, 2015. The balance of the award (4,111 shares) is scheduled to vest on August 3, 2019. Each unit converts into a share of common stock on a one-for-one basis.