SEC Form 4 · accession 0001104659-15-031765
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derik Mooberry
Officer — Group CEO, Gaming
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 6:53 pm EDT
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 | — | Apr 27, 2015 | A | 17,861 | A | — | — | Common Stock | 17,861 | 17,861 | D |
| Restricted Stock UnitsF2 | — | Apr 27, 2015 | A | 17,861 | A | — | — | Common Stock | 17,861 | 17,861 | D |
| Employee Stock Option (right to buy)F3 | $12.83 | Apr 27, 2015 | A | 35,643 | A | — | Apr 26, 2025 | Common Stock | 35,643 | 35,643 | D |
Explanation of responses
- F1The restricted stock units are scheduled to vest in four equal annual installments beginning on April 27, 2016. Each unit converts into a share of common stock on a one-for-one basis.
- F2The restricted stock units are scheduled to cliff vest at the end of three years, contingent upon the achievement of performance criteria over such three-year period. Each unit converts into a share of common stock on a one-for-one basis.
- F3The option is scheduled to become exercisable in four equal annual installments beginning on April 27, 2016.