SEC Form 4 · accession 0001104659-17-000622
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Haddrill
Director
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 5:00 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 31, 2016 | M | 31,905 | $0.00 | A | 115,036 | D | |
| Class A Common StockF1 | Dec 31, 2016 | F | 11,917 | $13.89 | D | 103,119 | D | |
| Class A Common Stock | Dec 31, 2016 | M | 39,193 | $0.00 | A | 142,312 | D | |
| Class A Common StockF1 | Dec 31, 2016 | F | 14,639 | $13.89 | D | 127,673 | 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 | — | Dec 31, 2016 | M | 31,905 | D | — | — | Common Stock | 31,905 | 31,905 | D |
| Restricted Stock UnitsF3 | — | Dec 31, 2016 | M | 39,193 | D | — | — | Common Stock | 39,193 | 39,194 | D |
Explanation of responses
- F1Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- F2Represents vesting of one-half of restricted stock units granted on October 29, 2015. The balance of the award is scheduled to vest on December 31, 2017. Each unit converts into a share of common stock on a one-for-one basis.
- F3Represents vesting of one-half of restricted stock units granted on January 4, 2016. The balance of the award is scheduled to vest on December 31, 2017. Each unit converts into a share of common stock on a one-for-one basis.