Matthew R. Wilson - 31 Jul 2022 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Signature
/s/ James Sottile, attorney-in-fact for Matthew R. Wilson
Issuer symbol
LNW
Transactions as of
31 Jul 2022
Net transactions value
-$540,058
Form type
4
Filing time
02 Aug 2022, 17:25:47 UTC
Previous filing
29 Mar 2022
Next filing
22 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +27,540 +33% $0.000000 110,135 31 Jul 2022 Direct
transaction LNW Common Stock Tax liability $540,058 -10,838 -9.8% $49.83 99,297 31 Jul 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 -27,540 -50% $0.000000 27,541 31 Jul 2022 Common Stock 27,540 Direct F2
* 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-half of restricted stock units granted on November 4, 2020. The balance of the award is scheduled to vest on July 31, 2023. Each unit converts into a share of common stock on a one-for-one basis.