Barry L. Cottle - 01 Jun 2021 Form 4 Insider Report for SCIENTIFIC GAMES CORP (LNW)

Role
President and CEO, Director
Signature
/s/ Melissa Bengtson, attorney-in-fact for Barry L. Cottle
Issuer symbol
LNW
Transactions as of
01 Jun 2021
Net transactions value
-$4,022,845
Form type
4
Filing time
02 Jun 2021, 16:29:52 UTC
Next filing
29 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +136,935 +76% $0.000000 316,413 01 Jun 2021 Direct
transaction LNW Common Stock Tax liability $4,022,845 -55,935 -18% $71.92 260,478 01 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LNW Restricted Stock Units Award $0 +50,000 $0.000000 50,000 01 Jun 2021 Common Stock 50,000 Direct F2
transaction LNW Restricted Stock Units Options Exercise $0 -33,334 -100% $0.000000* 0 01 Jun 2021 Common Stock 33,334 Direct F3
transaction LNW Restricted Stock Units Options Exercise $0 -3,601 -50% $0.000000 3,602 01 Jun 2021 Common Stock 3,601 Direct F4
transaction LNW Restricted Stock Units Options Exercise $0 -100,000 -100% $0.000000* 0 01 Jun 2021 Common Stock 100,000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2 The restricted stock units are scheduled to vest on May 31, 2022 (16,667 units), May 31, 2023 (16,667 units) and May 31, 2024 (16,666 units). Each unit converts into a share of common stock on a one-for-one basis.
F3 Represents vesting of one-third of restricted stock units granted on June 1, 2018. The award has fully vested. Each unit converts into a share of common stock on a one-for-one basis.
F4 Represents vesting of one-fourth of restricted stock units granted on June 1, 2018. The balance of the award is scheduled to vest on June 1, 2022. Each unit converts into a share of common stock on a one-for-one basis.
F5 Represents vesting of restricted stock units granted on June 1, 2018 and modified on September 2, 2020. The award has fully vested. Each unit converts into a share of common stock on a one-for-one basis.