SEC Form 4 · accession 0001104659-15-065604
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry Potts
Officer — SVP & Chief Compliance Officer
Period of report
Sep 14, 2015
Accepted (ET)
Sep 16, 2015 · 7:23 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 | Sep 14, 2015 | M | 1,397 | $0.00 | A | 110,462 | D | |
| Class A Common StockF1 | Sep 14, 2015 | F | 472 | $11.57 | D | 109,990 | 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 | — | Sep 14, 2015 | M | 1,397 | D | — | — | Common Stock | 1,397 | 1,398 | 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 14, 2014. The balance of the award is scheduled to vest on March 14, 2016. Each unit converts into a share of common stock on a one-for-one basis.