Barry L. Cottle - Mar 20, 2022 Form 4 Insider Report for SCIENTIFIC GAMES CORP (LNW)

Role
President and CEO, Director
Signature
/s/ James Sottile, attorney-in-fact for Barry L. Cottle
Stock symbol
LNW
Transactions as of
Mar 20, 2022
Transactions value $
-$1,923,880
Form type
4
Date filed
3/22/2022, 05:16 PM
Previous filing
Mar 18, 2022
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +81.9K +28.43% $0.00 370K Mar 20, 2022 Direct
transaction LNW Common Stock Tax liability -$1.92M -32.2K -8.71% $59.67 338K Mar 20, 2022 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 Options Exercise $0 -16.1K -50% $0.00 16.1K Mar 20, 2022 Common Stock 16.1K Direct F2
transaction LNW Restricted Stock Units Options Exercise $0 -54.7K -33.33% $0.00 109K Mar 20, 2022 Common Stock 54.7K Direct F3
transaction LNW Restricted Stock Units Options Exercise $0 -11.2K -33.33% $0.00 22.4K Mar 20, 2022 Common Stock 11.2K Direct F4
* 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 Represents vesting of one-fourth of restricted stock units granted on March 20, 2019. The balance of the award is scheduled to vest on March 20, 2023. Each unit converts into a share of common stock on a one-for-one basis.
F3 Represents vesting of one-fourth of restricted stock units granted on April 3, 2020. The balance of the award is scheduled to vest in two installments on March 20, 2023 (54,687 shares) and March 20, 2024 (54,688 shares). Each unit converts into a share of common stock on a one-for-one basis.
F4 Represents vesting of one-third of restricted stock units granted on March 22, 2021. The balance of the award is scheduled to vest in two installments on March 20, 2023 (11,179 shares) and March 20, 2024 (11,179 shares). Each unit converts into a share of common stock on a one-for-one basis.