SEC Form 4 · accession 0001104659-15-025804
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D Schweinfurth
Officer — Executive VP & CFO
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 7:13 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 | Apr 1, 2015 | M | 8,412 | $0.00 | A | 41,152 | D | |
| Class A Common StockF1 | Apr 1, 2015 | F | 2,617 | $10.38 | D | 38,535 | 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 | — | Apr 1, 2015 | M | 8,412 | D | — | — | Common Stock | 8,412 | 25,238 | 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 April 1, 2014. The balance of the award is scheduled to vest in three equal installments on each of April 1, 2016, 2017 and 2018. Each unit converts into a share of common stock on a one-for-one basis.