SEC Form 4 · accession 0000950157-17-001154
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Gavin Isaacs
Director
Period of report
Jul 26, 2017
Accepted (ET)
Jul 28, 2017 · 6:04 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jul 26, 2017 | M | 40,295 | $8.73 | A | 110,815 | D | |
| Class A Common StockF1 | Jul 26, 2017 | S | 40,295 | $38.88 | D | 70,520 | D | |
| Class A Common StockF2 | Jul 26, 2017 | S | 27,741 | $38.81 | D | 42,779 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $8.73 | Jul 26, 2017 | M | 40,295 | D | — | — | Common Stock | 40,295 | 40,296 | D |
Explanation of responses
- F1The transaction was executed in multiple trades at prices ranging from $38.50 to $39.18. The price reported above reflects the weighted average sale price. Details regarding aggregated sales transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F2The transaction was executed in multiple trades at prices ranging from $38.53 to $39.08. The price reported above reflects the weighted average sale price. Details regarding aggregated sales transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F3The option became exercisable as to 40,295 shares on each of June 9, 2015, 2016 and 2017 and becomes exercisable as to 40,296 shares on June 9, 2018.