Daniel OQuinn - 15 Mar 2023 Form 4 Insider Report for SciPlay Corp

Signature
/s/ James Sottile, attorney-in-fact for Daniel O'Quinn
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
-$34,994
Form type
4
Filing time
17 Mar 2023, 20:49:41 UTC
Previous filing
16 Mar 2023
Next filing
22 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCPL Class A Common Stock Options Exercise $0 +1,939 +81% $0.000000 4,341 15 Mar 2023 Direct
transaction SCPL Class A Common Stock Tax liability $7,759 -466 -11% $16.65 3,875 15 Mar 2023 Direct F1
transaction SCPL Class A Common Stock Options Exercise $0 +3,143 +81% $0.000000 7,018 15 Mar 2023 Direct
transaction SCPL Class A Common Stock Tax liability $13,869 -833 -12% $16.65 6,185 15 Mar 2023 Direct F1
transaction SCPL Class A Common Stock Options Exercise $0 +3,330 +54% $0.000000 9,515 16 Mar 2023 Direct
transaction SCPL Class A Common Stock Tax liability $13,365 -811 -8.5% $16.48 8,704 16 Mar 2023 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 SCPL Restricted Stock Units Award $0 +1,939 $0.000000 1,939 15 Mar 2023 Class A Common Stock 1,939 Direct F2
transaction SCPL Restricted Stock Units Options Exercise $0 -1,939 -100% $0.000000* 0 15 Mar 2023 Class A Common Stock 1,939 Direct F2
transaction SCPL Restricted Stock Units Award $0 +6,286 $0.000000 6,286 15 Mar 2023 Class A Common Stock 6,286 Direct F3
transaction SCPL Restricted Stock Units Options Exercise $0 -3,143 -50% $0.000000 3,143 15 Mar 2023 Class A Common Stock 3,143 Direct F3
transaction SCPL Restricted Stock Units Options Exercise $0 -3,330 -50% $0.000000 3,340 16 Mar 2023 Class A Common Stock 3,330 Direct F4
* 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 restricted stock units granted pursuant to a determination by the Compensation Committee of the Board of Directors of the issuer as payment in respect of a portion of the annual bonus earned by the reporting person with respect to 2022. The number of units was determined by dividing the dollar value of such amount, based on actual performance for 2022, by the average of the high and low prices of the class A common stock on the day preceding the grant date. Since the restricted stock units are payment in respect of a portion of the 2022 bonus, they are subject to immediate vesting. Each unit converts into a share of class A common stock on a one-for-one basis.
F3 Represents restricted stock units granted based on achievement of performance conditions for the 2022 fiscal year under the Company's Senior Executive Incentive Plan (the "SEIP"). Target awards under the SEIP were denominated in cash, with the award amount earned based on performance determined payable in restricted stock units. The number of units was determined by multiplying the target amount by the level of actual performance achieved and dividing such amount by the average of the high and low prices of the class A common stock on the day preceding the grant date. Pursuant to the terms of the SEIP, half of the restricted stock units, or 3,143 restricted stock units, vested immediately upon grant and the remaining 3,143 restricted stock units will vest on March 15, 2024. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis.
F4 Represents vesting of approximately one-third of restricted stock units granted on March 16, 2022. The balance of the award is scheduled to vest on March 16, 2024. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis.