Matthew R. Wilson - Mar 24, 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: President & CEO, Director
Signature: /s/ James Sottile, attorney-in-fact for Matthew R. Wilson
Stock symbol: LNW
Transactions as of: Mar 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/28/2023, 06:27 PM
Previous filing: Mar 22, 2023
Next filing: Aug 2, 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	+34.1K		$0.00	34.1K	Mar 24, 2023	Common Stock	34.1K		Direct	F1
transaction	LNW	Restricted Stock Units	Award	$0	+17K		$0.00	17K	Mar 24, 2023	Common Stock	17K		Direct	F2
transaction	LNW	Restricted Stock Units	Award	$0	+17K		$0.00	17K	Mar 24, 2023	Common Stock	17K		Direct	F3

Showing 1 to 3 of 3 entries

* 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 (11,366 shares), March 20, 2025 (11,366 shares) and March 20, 2026 (11,367 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.