SEC Form 4 · accession 0001104659-16-105525
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Beason
Officer — Enterprise CTO
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 5:11 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 | Mar 14, 2016 | M | 1,516 | $0.00 | A | 88,258 | D | |
| Class A Common StockF1 | Mar 14, 2016 | F | 492 | $9.85 | D | 87,766 | 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 | — | Mar 14, 2016 | M | 1,516 | D | — | — | Common Stock | 1,516 | 0 | 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 award has fully vested. Each unit converts into a share of common stock on a one-for-one basis.