Constance P. James - 24 Mar 2023 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
24 Mar 2023
Net transactions value
$0
Form type
4
Filing time
28 Mar 2023, 18:20:32 UTC
Previous filing
22 Mar 2023
Next filing
08 May 2023
SEC
View on sec.gov

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 Award $0 +13,115 $0.000000 13,115 24 Mar 2023 Common Stock 13,115 Direct F1
transaction LNW Restricted Stock Units Award $0 +6,557 $0.000000 6,557 24 Mar 2023 Common Stock 6,557 Direct F2
transaction LNW Restricted Stock Units Award $0 +6,557 $0.000000 6,557 24 Mar 2023 Common Stock 6,557 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to vest on March 20, 2024 (4,371 shares), March 20, 2025 (4,372 shares) and March 20, 2026 (4,372 shares). Each unit converts into a share of common stock on a one-for-one basis.
F2 The restricted stock units are scheduled to cliff vest on March 20, 2026, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2025, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
F3 The restricted stock units are scheduled to cliff vest on March 20, 2026, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2025, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.