SEC Form 4 · accession 0001104659-16-161032
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Kennedy
Director
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 5:04 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 5, 2016 | M | 113,470 | $8.90 | A | 208,474 | D | |
| Class A Common StockF1 | Dec 5, 2016 | S | 113,470 | $14.85 | D | 95,004 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $8.90 | Dec 5, 2016 | M | 113,470 | D | — | Mar 21, 2021 | Common Stock | 113,470 | 0 | D |
Explanation of responses
- F1The transaction was executed in multiple trades at prices ranging from $14.80 to $15.08. The price reported above reflects the weighted average sale price. Details regarding aggregated sales transactions will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer.
- F2These options became exercisable in four equal annual installments beginning on March 22, 2012.