SEC Form 4 · accession 0001104659-15-080512
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Kennedy
Director
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 6:20 pm EST
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 | Nov 18, 2015 | M | 37,500 | $0.00 | A | 229,739 | D | |
| Class A Common StockF1 | Nov 18, 2015 | F | 14,554 | $8.04 | D | 215,185 | 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 | — | Nov 18, 2015 | M | 37,500 | D | — | — | Common Stock | 37,500 | 75,000 | D |
Explanation of responses
- F1Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- F2Represents vesting of restricted stock units granted on December 5, 2013. The balance of the award is scheduled to vest in two equal installments on each of November 18, 2016 and 2017. Each unit converts into a share of common stock on a one-for-one basis.