Antonia Korsanos - Aug 21, 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: Director
Signature: /s/ James Sottile, attorney-in-fact for Antonia Korsanos
Stock symbol: LNW
Transactions as of: Aug 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/23/2023, 07:35 PM
Previous filing: Aug 16, 2023
Next filing: Sep 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LNW	Common Stock	Options Exercise	$0	+2.5K	+33.33%	$0.00	10K	Aug 21, 2023	Direct
holding	LNW	Common Stock						86	Aug 21, 2023	By Child	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	-2.5K	-100%	$0.00^*	0	Aug 21, 2023	Common Stock	2.5K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person disclaims beneficial ownership of the shares held by her child, which underly Chess Depository Interests ("CDIs"). CDIs are units of beneficial ownership in shares of common stock of the Company that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depository Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock. This report should not be deemed an admission that the reporting person is the beneficial owner of her child's shares for purposes of Section 16 or for any other purpose.
F2	Represents vesting of one-fourth of the restricted stock units granted on August 26, 2019 in respect of consulting services provided to the Company by Ms. Korsanos. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.

Content

The reporting person disclaims beneficial ownership of the shares held by her child, which underly Chess Depository Interests ("CDIs"). CDIs are units of beneficial ownership in shares of common stock of the Company that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depository Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock. This report should not be deemed an admission that the reporting person is the beneficial owner of her child's shares for purposes of Section 16 or for any other purpose.

Represents vesting of one-fourth of the restricted stock units granted on August 26, 2019 in respect of consulting services provided to the Company by Ms. Korsanos. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.