James Sottile - Sep 28, 2022 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
Exec VP & Chief Legal Officer
Signature
/s/ James Sottile
Stock symbol
LNW
Transactions as of
Sep 28, 2022
Transactions value $
-$68,977
Form type
4
Date filed
9/30/2022, 04:00 PM
Previous filing
Sep 2, 2022
Next filing
Oct 6, 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 +8.31% $0.00 43.4K Sep 28, 2022 Direct
transaction LNW Common Stock Tax liability -$69K -1.6K -3.69% $43.03 41.8K Sep 28, 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 28, 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 September 28, 2020. The balance of the award is scheduled to vest on September 28, 2023. Each unit converts into a share of common stock on a one-for-one basis.