Constance P. James - May 5, 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
Stock symbol
LNW
Transactions as of
May 5, 2023
Transactions value $
-$76,857
Form type
4
Date filed
5/8/2023, 06:39 PM
Previous filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +3.33K +11.87% $0.00 31.4K May 5, 2023 Direct
transaction LNW Common Stock Tax liability -$76.9K -1.31K -4.18% $58.58 30.1K May 5, 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 LNW Restricted Stock Units Options Exercise $0 -3.33K -33.33% $0.00 6.67K May 5, 2023 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 one-third of restricted stock units granted on May 12, 2022. The balance of the award is scheduled to vest on May 5, 2024 and May 5, 2025. Each unit converts into a share of common stock on a one-for-one basis.