Constance P. James - Sep 25, 2022 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: EVP, CFO, Treas & Corp Sec
Signature: /s/ James Sottile, attorney-in-fact for Constance P. James
Stock symbol: LNW
Transactions as of: Sep 25, 2022
Transactions value $: -$53,635
Form type: 4
Date filed: 9/27/2022, 04:55 PM
Previous filing: May 16, 2022
Next filing: Oct 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LNW	Common Stock	Options Exercise	$0	+3.33K	+19.19%	$0.00	20.7K	Sep 25, 2022	Direct
transaction	LNW	Common Stock	Tax liability	-$53.6K	-1.31K	-6.34%	$40.88	19.4K	Sep 25, 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	-3.33K	-49.99%	$0.00	3.33K	Sep 25, 2022	Common Stock	3.33K		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 November 9, 2020. The balance of the award is scheduled to vest on September 25, 2023. Each unit converts into a share of common stock on a one-for-one basis.