SEC Form 4 · accession 0001104659-15-023535
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Beason
Officer — Enterprise CTO
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 7:10 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 | Mar 25, 2015 | M | 6,489 | $0.00 | A | 96,414 | D | |
| Class A Common StockF1 | Mar 25, 2015 | F | 2,019 | $11.40 | D | 94,395 | 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 | — | Mar 25, 2015 | M | 6,489 | D | — | — | Common Stock | 6,489 | 12,979 | 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 March 25, 2013. The balance of the award is scheduled to vest in two equal installments on March 25, 2016 and 2017. Each unit converts into a share of common stock on a one-for-one basis.