Vanja Kalabic - 12 May 2024 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
SVP & Chief Accounting Officer
Signature
/s/ James Sottile, attorney-in-fact for Vanja Kalabic
Issuer symbol
LNW
Transactions as of
12 May 2024
Net transactions value
-$50,169
Form type
4
Filing time
14 May 2024, 16:06:48 UTC
Previous filing
22 Mar 2024
Next filing
03 Dec 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 Exercise of in-the-money or at-the-money derivative security $0 +938 +25% $0.000000 4,641 12 May 2024 Direct
transaction LNW Common Stock Tax liability $32,134 -351 -7.6% $91.55 4,290 12 May 2024 Direct F1
transaction LNW Common Stock Exercise of in-the-money or at-the-money derivative security $0 +526 +12% $0.000000 4,816 13 May 2024 Direct
transaction LNW Common Stock Tax liability $18,035 -197 -4.1% $91.55 4,619 13 May 2024 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 Exercise of in-the-money or at-the-money derivative security $0 -938 -100% $0.000000* 0 12 May 2024 Common Stock 938 Direct F2
transaction LNW Restricted Stock Units Exercise of in-the-money or at-the-money derivative security $0 -526 -50% $0.000000 526 13 May 2024 Common Stock 526 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 the vesting of one-third of restricted stock units granted on May 12, 2021. The award has fully vested. Each restricted stock unit converted into a share of common stock on a one-for-one basis.
F3 Represents the vesting of one-third of restricted stock units granted on May 13, 2022. The balance of the award is scheduled to vest on May 13, 2025. Each restricted stock unit converted into a share of common stock on a one-for-one basis.