Vanja Kalabic - May 12, 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
Stock symbol
LNW
Transactions as of
May 12, 2024
Transactions value $
-$50,169
Form type
4
Date filed
5/14/2024, 04:06 PM
Previous filing
Mar 22, 2024
Next filing
Dec 3, 2024

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 +25.33% $0.00 4.64K May 12, 2024 Direct
transaction LNW Common Stock Tax liability -$32.1K -351 -7.56% $91.55 4.29K May 12, 2024 Direct F1
transaction LNW Common Stock Exercise of in-the-money or at-the-money derivative security $0 +526 +12.26% $0.00 4.82K May 13, 2024 Direct
transaction LNW Common Stock Tax liability -$18K -197 -4.09% $91.55 4.62K May 13, 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% $0.00* 0 May 12, 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% $0.00 526 May 13, 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.