SEC Form 4 · accession 0001104659-15-001631
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Haddrill
Officer — Executive Vice Chairman · Director
Period of report
Jan 7, 2015
Accepted (ET)
Jan 9, 2015 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000750004
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jan 7, 2015 | A | 339,366 | A | — | — | Common Stock | 339,366 | 339,366 | D |
Explanation of responses
- F150% of the restricted stock units are scheduled to vest in three equal annual installments beginning in 2016 (no later than March 15 of each year), subject to satisfaction of certain performance criteria, and 50% of the restricted stock units are scheduled to vest in 2018 (no later than March 15 of such year), subject to satisfaction of certain other performance criteria. Each unit converts into a share of common stock on a one-for-one basis.