SEC Form 4 · accession 0001104659-15-045195
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Regan
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 5:50 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 11, 2015 | M | 3,495 | $0.00 | A | 48,516 | 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 10, 2015 | A | 9,937 | A | — | — | Common Stock | 9,937 | 9,937 | D |
| Restricted Stock UnitsF2 | — | Jun 11, 2015 | M | 3,495 | D | — | — | Common Stock | 3,495 | 10,485 | D |
Explanation of responses
- F1The restricted stock units are scheduled to vest in four equal annual installments beginning on June 10, 2016. 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 11, 2014. The balance of the award is scheduled to vest in three equal installments on each of June 11, 2016, 2017 and 2018. Each unit converts into a share of common stock on a one-for-one basis.