Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCPL | Class A Common Stock | Disposed to Issuer | -$849K | -37K | -100% | $22.95 | 0 | Oct 23, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCPL | Restricted Stock Units | Disposed to Issuer | $0 | -7.49K | -100% | $0.00* | 0 | Oct 23, 2023 | Class A Common Stock | 7.49K | Direct | F2 |
William C. Thompson Jr is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Pursuant to the Agreement and Plan of Merger, dated as of August 8, 2023, (the "Merger Agreement") by and among SciPlay Corporation, a Nevada Corporation (the "Company"), Light & Wonder, Inc., a Nevada corporation ("Parent"), and Bern Merger Sub, Inc., a Nevada corporation and a wholly owned subsidiary of Parent, at the effective time of the merger (the "Effective Time"), each share of Company Class A Common Stock converted into the right to receive a lump-sum cash payment, without interest, equal to $22.95 (the "Merger Consideration"). |
F2 | Pursuant to the Merger Agreement, each outstanding Company restricted stock unit held by a non-employee member of the Company's Board of Directors (each, a "Director RSU") was cancelled and converted into the right to receive a lump-sum cash payment, without interest, equal to the number of shares of Class A Common Stock subject to such Director RSU immediately prior to the Effective Time multiplied by the Merger Consideration, less applicable taxes required to be withheld with respect to such payment. |