Joshua J. Wilson - Oct 23, 2023 Form 4 Insider Report for SciPlay Corp (SCPL)

Role: CEO, Director
Signature: /s/ James Sottile, attorney-in-fact for Joshua J. Wilson
Stock symbol: SCPL
Transactions as of: Oct 23, 2023
Transactions value $: -$6,711,452
Form type: 4
Date filed: 10/25/2023, 08:39 PM
Previous filing: Sep 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCPL	Class A Common Stock	Disposed to Issuer	-$6.71M	-292K	-100%	$22.95	0	Oct 23, 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	SCPL	Restricted Stock Units	Disposed to Issuer	$0	-89K	-100%	$0.00^*	0	Oct 23, 2023	Class A Common Stock	89K		Direct	F2
transaction	SCPL	Restricted Stock Units	Disposed to Issuer	$0	-288K	-100%	$0.00^*	0	Oct 23, 2023	Class A Common Stock	288K		Direct	F3

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

Joshua J. Wilson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

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, at the Effective Time, these restricted stock units were converted into a number of Parent restricted stock units by multiplying the number of Company restricted stock units by the Merger Consideration and dividing by the 10-day average of the volume weighted averages of the trading prices of Parent Common Stock as of two trading days prior to the date of the Merger Agreement, and rounding the resulting number up to the nearest share of Parent Common Stock, and generally subject to the same terms and conditions, including vesting terms.
F3	Pursuant to the Merger Agreement, at the Effective Time, these restricted stock units were converted into a number of Parent performance-based restricted stock units by multiplying the number of Company performance-conditioned restricted stock units by the Merger Consideration and dividing by the 10-day average of the volume weighted averages of the trading prices of Parent Common Stock as of two trading days prior to the date of the Merger Agreement, and rounding the resulting number up to the nearest share of Parent Common Stock, and generally subject to the same terms and conditions, including vesting terms.