SEC Form 4 · accession 0001104659-16-158416
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derik Mooberry
Officer — Group CEO, Gaming
Period of report
Nov 19, 2016
Accepted (ET)
Nov 21, 2016 · 6:30 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 19, 2016 | M | 7,488 | $0.00 | A | 16,171 | D | |
| Class A Common StockF1 | Nov 19, 2016 | F | 2,048 | $14.09 | D | 14,123 | 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 19, 2016 | M | 7,488 | D | — | — | Common Stock | 7,488 | 14,976 | 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 November 19, 2014. The balance of the award is scheduled to vest in two equal installments on each of November 19, 2017 and 2018. Each unit converts into a share of common stock on a one-for-one basis.