Oliver Chow - Nov 14, 2023 Form 4 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
Nov 14, 2023
Transactions value $
-$42,171
Form type
4
Date filed
11/15/2023, 04:16 PM
Previous filing
Sep 1, 2023
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +2.01K $0.00 2.01K Nov 14, 2023 Direct
transaction LNW Common Stock Tax liability -$42.2K -489 -24.38% $86.24 1.52K Nov 14, 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 -1.13K -33.32% $0.00 2.27K Nov 14, 2023 Common Stock 1.13K Direct F2
transaction LNW Restricted Stock Units Options Exercise $0 -874 -33.32% $0.00 1.75K Nov 14, 2023 Common Stock 874 Direct F3
* 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 one-third of restricted stock units granted on November 14, 2022. The balance of the award is scheduled to vest in two installments of 1,332 shares on November 14, 2024 and 1,333 shares November 14, 2025. Each unit converts to a share of common stock on a one-for-one basis.
F3 Represents vesting of one-third of restricted stock units granted on March 24, 2023. The balance of the award is scheduled to vest in two installments of 874 shares on November 14, 2024 and 875 shares on November 14, 2025. Each unit converts to a share of common stock on a one-for-one basis.