Oliver Chow - Aug 25, 2023 Form 3 Insider Report for Light & Wonder, Inc. (LNW)

Role
Interim CFO
Signature
/s/ James Sottile, attorney-in-fact for Oliver Chow
Stock symbol
LNW
Transactions as of
Aug 25, 2023
Transactions value $
$0
Form type
3
Date filed
9/1/2023, 06:32 PM
Next filing
Sep 1, 2023

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
holding LNW Restricted Stock Units Aug 25, 2023 Common Stock 3.4K Direct F1
holding LNW Restricted Stock Units Aug 25, 2023 Common Stock 2.62K Direct F2
holding LNW Restricted Stock Units Aug 25, 2023 Common Stock 2.13K Direct F3
holding LNW Restricted Stock Units Aug 25, 2023 Common Stock 1.07K Direct F4
holding LNW Restricted Stock Units Aug 25, 2023 Common Stock 1.07K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") are scheduled to vest on November 14, 2023 (1,132 shares), November 14, 2024 (1,132 shares) and November 14, 2025 (1,133 shares). Each unit converts into a share of common stock on a one-for-one basis.
F2 The RSUs are scheduled to vest on November 14, 2023 (874 shares), November 14, 2024 (874 shares) and November 14, 2025 (875 shares). Each unit converts into a share of common stock on a one-for-one basis.
F3 The RSUs are scheduled to vest on March 20, 2024 (710 shares), March 20, 2025 (710 shares) and March 20, 2026 (711 shares). Each unit converts into a share of common stock on a one-for-one basis.
F4 The RSUs are scheduled to cliff vest on March 20, 2026, subject to the achievement of a performance condition. Each unit converts into a share of common stock on a one-for-one basis.
F5 The RSUs are scheduled to cliff vest on March 20, 2026, subject to the achievement of a performance condition. Each unit converts into a share of common stock on a one-for-one basis.

Remarks:

Exhibit 24 - Power of attorney