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

Role
EVP, Grp Chief Exec, Gaming
Signature
/s/ James Sottile, attorney-in-fact for Matthew R. Wilson
Stock symbol
LNW
Transactions as of
Jul 31, 2022
Transactions value $
-$540,058
Form type
4
Date filed
8/2/2022, 05:25 PM
Previous filing
Mar 29, 2022
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +27.5K +33.34% $0.00 110K Jul 31, 2022 Direct
transaction LNW Common Stock Tax liability -$540K -10.8K -9.84% $49.83 99.3K Jul 31, 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 -27.5K -50% $0.00 27.5K Jul 31, 2022 Common Stock 27.5K 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.