SEC Form 4 · accession 0001104659-15-044050
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frances F Townsend
Director
Period of report
Jun 4, 2015
Accepted (ET)
Jun 8, 2015 · 6:05 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 | Jun 4, 2015 | M | 1,725 | $0.00 | A | 21,297 | D | |
| Class A Common Stock | Jun 5, 2015 | M | 2,370 | $0.00 | A | 23,667 | 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 UnitsF1 | — | Jun 4, 2015 | M | 1,725 | D | — | — | Common Stock | 1,725 | 3,450 | D |
| Restricted Stock UnitsF2 | — | Jun 5, 2015 | M | 2,370 | D | — | — | Common Stock | 2,370 | 2,371 | D |
Explanation of responses
- F1Represents vesting of one-fourth of restricted stock units granted on June 4, 2013. The balance of the award is scheduled to vest in two equal installments on each of June 4, 2016 and 2017. Each unit converts into a share of common stock on a one-for-one basis.
- F2Represents vesting of one-fourth of restricted stock units granted on June 5, 2012. The balance of the award is scheduled to vest on June 5, 2016. Each unit converts into a share of common stock on a one-for-one basis.