SEC Form 4 · accession 0001104659-16-127185
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald J Ford
Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 8:05 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 10, 2016 | M | 2,484 | $0.00 | A | 355,878 | D | |
| Class A Common Stock | Jun 11, 2016 | M | 3,495 | $0.00 | A | 359,373 | 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 UnitsF1 | — | Jun 10, 2016 | M | 2,484 | D | — | — | Common Stock | 2,484 | 7,453 | D |
| Restricted Stock UnitsF2 | — | Jun 11, 2016 | M | 3,495 | D | — | — | Common Stock | 3,495 | 6,990 | D |
Explanation of responses
- F1Represents vesting of one-fourth of restricted stock units granted on June 10, 2015. The balance of the award is scheduled to vest in three equal installments on each of June 10, 2017, 2018 and 2019. Each unit converts into a share of common stock on a one-for-one basis.
- F2Represents vesting of one-fourth of restricted stock units granted on June 11, 2014. The balance of the award is scheduled to vest in two equal installments on each of June 11, 2017 and 2018. Each unit converts into a share of common stock on a one-for-one basis.