Matthew R. Wilson - Jul 31, 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: President & CEO
Signature: /s/ James Sottile, attorney-in-fact for Matthew R. Wilson
Stock symbol: LNW
Transactions as of: Jul 31, 2023
Transactions value $: -$766,897
Form type: 4
Date filed: 8/2/2023, 04:23 PM
Previous filing: Mar 28, 2023
Next filing: Mar 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LNW	Common Stock	Options Exercise	$0	+27.5K	+25.21%	$0.00	137K	Jul 31, 2023	Direct
transaction	LNW	Common Stock	Tax liability	-$767K	-10.8K	-7.92%	$70.76	126K	Jul 31, 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	-27.5K	-100%	$0.00^*	0	Jul 31, 2023	Common Stock	27.5K		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-half of restricted stock units granted on November 4, 2020. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.