James Sottile - Aug 31, 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
EVP, CLO & Corp Sec
Signature
/s/ James Sottile
Stock symbol
LNW
Transactions as of
Aug 31, 2023
Transactions value $
-$123,306
Form type
4
Date filed
9/1/2023, 06:38 PM
Previous filing
Mar 28, 2023
Next filing
Oct 2, 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 +6.57% $0.00 54.1K Aug 31, 2023 Direct
transaction LNW Common Stock Tax liability -$123K -1.6K -2.96% $76.97 52.5K Aug 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 -3.33K -49.99% $0.00 3.33K Aug 31, 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 restricted stock units granted on September 2, 2021. The balance of the award is scheduled to vest on August 31, 2024. Each unit converts into a share of common stock on a one-for-one basis.