Oliver Chow - 25 Aug 2024 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Signature
/s/ James Sottile, attorney-in-fact for Oliver Chow
Issuer symbol
LNW
Transactions as of
25 Aug 2024
Transactions value $
-$37,811
Form type
4
Filing time
27 Aug 2024, 17:33:30 UTC
Previous filing
22 Mar 2024
Next filing
15 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +878 +45.1% $0.00 2.83K 25 Aug 2024 Direct
transaction LNW Common Stock Tax liability -$37.8K -346 -12.25% $109.28 2.48K 25 Aug 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 Options Exercise $0 -878 -33.31% $0.00 1.76K 25 Aug 2024 Common Stock 878 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 the vesting of one-third of restricted stock units granted on August 30, 2023. The balance of the award is scheduled to vest in equal installments on each of August 25, 2025 and August 25, 2026. Each restricted stock unit converts into a share of common stock on a one-for-one basis.