SEC Form 4 · accession 0001104659-15-074907
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Haddrill
Officer — Executive Vice Chairman · Director
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 4:32 pm EST
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,F2 | — | Oct 29, 2015 | A | 63,810 | A | — | — | Common Stock | 63,810 | 63,810 | D |
Explanation of responses
- F1The restricted stock units ("RSUs") were granted pursuant to an amendment to Mr. Haddrill's employment agreement. The amendment to Mr. Haddrill's agreement was entered into, in light of the successful achievement of certain of the Company's integration and synergy-related goals that Mr. Haddrill was supporting, to reflect a shift in Mr. Haddrill's responsibilities to increase his focus on supporting the Company's business development efforts and special strategic projects assigned to him by the Company's CEO and the board of directors.
- F250% of the RSUs are scheduled to vest on December 31, 2016 and 50% of the RSUs are scheduled to vest on December 31, 2017.