SEC Form 4 · accession 0001104659-15-067763
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
Sep 25, 2015
Accepted (ET)
Sep 28, 2015 · 5:34 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 StockF1 | Sep 25, 2015 | M | 5,914 | $0.00 | A | 45,088 | D | |
| Class A Common StockF2 | Sep 25, 2015 | F | 1,618 | $11.83 | D | 43,470 | 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 UnitsF3 | — | Sep 25, 2015 | M | 5,914 | D | — | — | Common Stock | 5,914 | 11,828 | D |
Explanation of responses
- F1Includes 639 shares acquired under the Issuer's Employee Stock Purchase Plan.
- F2Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- F3Represents vesting of one-fourth of restricted stock units granted on September 25, 2013. The balance of the award is scheduled to vest in two equal installments on each of September 25, 2016 and 2017. Each unit converts into a share of common stock on a one-for-one basis.