SEC Form 4 · accession 0001104659-15-086318
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B Johnson
Officer — VP, Finance & CAO
Period of report
Dec 20, 2015
Accepted (ET)
Dec 22, 2015 · 5:05 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 | Dec 20, 2015 | M | 1,250 | $0.00 | A | 17,906 | D | |
| Class A Common StockF1 | Dec 20, 2015 | F | 417 | $8.23 | D | 17,489 | 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 | — | Dec 20, 2015 | M | 1,250 | D | — | — | Common Stock | 1,250 | 2,500 | 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 December 20, 2013. The balance of the award is scheduled to vest in two equal installments on each of December 20, 2016 and 2017. Each unit converts into a share of common stock on a one-for-one basis.