Constance P. James - 14 Oct 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: 14 Oct 2022
Net transactions value: -$60,116
Form type: 4
Filing time: 18 Oct 2022, 16:08:31 UTC
Previous filing: 27 Sep 2022
Next filing: 06 Dec 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	+17%	$0.000000	22,719	14 Oct 2022	Direct
transaction	LNW	Common Stock	Tax liability	$60,116	-1,312	-5.8%	$45.82	21,407	14 Oct 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	14 Oct 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 11, 2021. The balance of the award is scheduled to vest in two installments of 3,333 on October 14, 2023 and 3,334 on October 14, 2024. Each unit converts into a share of common stock on a one-for-one basis.