SEC Form 4 · accession 0001104659-16-125963
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald O Perelman
Director · 10% Owner
Period of report
Jun 4, 2016
Accepted (ET)
Jun 7, 2016 · 6:21 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 | Jun 4, 2016 | M | 1,725 | $0.00 | A | 55,769 | D | |
| Class A Common Stock | Jun 5, 2016 | M | 2,371 | $0.00 | A | 58,140 | D | |
| Class A Common StockF1 | holding | — | — | — | 34,575,737 | I | By SGMS Acq. Corp., SGMS Acq. Two Corp., RLX Holdings Two LLC and MacAndrews & Forbes Incorporated. |
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 | — | Jun 4, 2016 | M | 1,725 | D | — | — | Common Stock | 1,725 | 1,725 | D |
| Restricted Stock UnitsF3 | — | Jun 5, 2016 | M | 2,371 | D | — | — | Common Stock | 2,371 | 0 | D |
Explanation of responses
- F1Mr. Perelman is the sole stockholder of MacAndrews & Forbes Incorporated, which is the sole stockholder of each of SGMS Acquisition Corporation, SGMS Acquisition Two Corporation and RLX Holdings Two LLC.
- F2Represents vesting of one-fourth of restricted stock units granted on June 4, 2013. The balance of the award is scheduled to vest on June 4, 2017. Each unit converts into a share of common stock on a one-for-one basis.
- F3Represents vesting of one-fourth of restricted stock units granted on June 5, 2012. The award has fully vested. Each unit converts into a share of common stock on a one-for-one basis.