Vanja Kalabic - 10 Dec 2023 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Signature
/s/ James Sottile, attorney-in-fact for Vanja Kalabic
Issuer symbol
LNW
Transactions as of
10 Dec 2023
Net transactions value
-$6,580
Form type
4
Filing time
12 Dec 2023, 19:24:40 UTC
Previous filing
04 Dec 2023
Next filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +225 +15% $0.000000 1,678 10 Dec 2023 Direct
transaction LNW Common Stock Tax liability $6,580 -78 -4.6% $84.36 1,600 10 Dec 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 -225 -50% $0.000000 225 10 Dec 2023 Common Stock 225 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 one-third of restricted stock units granted on December 10, 2021. The balance of the award is scheduled to vest on December 10, 2024. Each unit converts to a share of common stock on a one-for-one basis.