James Sottile - 31 Aug 2022 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: Exec VP & Chief Legal Officer
Signature: /s/ James Sottile
Issuer symbol: LNW
Transactions as of: 31 Aug 2022
Net transactions value: -$82,635
Form type: 4
Filing time: 02 Sep 2022, 16:04:43 UTC
Previous filing: 29 Mar 2022
Next filing: 30 Sep 2022
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	+3,333	+8.7%	$0.000000	41,709	31 Aug 2022	Direct
transaction	LNW	Common Stock	Tax liability	$82,635	-1,603	-3.8%	$51.55	40,106	31 Aug 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	-3,333	-33%	$0.000000	6,667	31 Aug 2022	Common Stock	3,333		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 restricted stock units granted on September 2, 2021. The balance of the award is scheduled to vest in two installments of 3,333 on August 31, 2023 and 3,334 on August 31, 2024. Each unit converts into a share of common stock on a one-for-one basis.