Oliver Chow - 14 Nov 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role: Interim CFO
Signature: /s/ James Sottile, attorney-in-fact for Oliver Chow
Issuer symbol: LNW
Transactions as of: 14 Nov 2023
Net transactions value: -$42,171
Form type: 4
Filing time: 15 Nov 2023, 16:16:47 UTC
Previous filing: 01 Sep 2023
Next filing: 07 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LNW	Common Stock	Options Exercise	$0	+2,006		$0.000000	2,006	14 Nov 2023	Direct
transaction	LNW	Common Stock	Tax liability	$42,171	-489	-24%	$86.24	1,517	14 Nov 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	-1,132	-33%	$0.000000	2,265	14 Nov 2023	Common Stock	1,132		Direct	F2
transaction	LNW	Restricted Stock Units	Options Exercise	$0	-874	-33%	$0.000000	1,749	14 Nov 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.