Constance P. James - 25 Sep 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
Issuer symbol
LNW
Transactions as of
25 Sep 2022
Net transactions value
-$53,635
Form type
4
Filing time
27 Sep 2022, 16:55:27 UTC
Previous filing
16 May 2022
Next filing
18 Oct 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 +19% $0.000000 20,698 25 Sep 2022 Direct
transaction LNW Common Stock Tax liability $53,635 -1,312 -6.3% $40.88 19,386 25 Sep 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 -50% $0.000000 3,334 25 Sep 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 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.