Antonia Korsanos - 01 Oct 2024 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
Director
Signature
/s/ James Sottile, attorney-in-fact for Antonia Korsanos
Issuer symbol
LNW
Transactions as of
01 Oct 2024
Net transactions value
$0
Form type
4
Filing time
02 Oct 2024, 20:52:44 UTC
Previous filing
20 May 2024
Next filing
11 Aug 2025
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 +4,750 +48% $0.000000 14,750 01 Oct 2024 Direct
holding LNW Common Stock 313 01 Oct 2024 By Child 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 -1,417 -33% $0.000000 2,835 01 Oct 2024 Common Stock 1,417 Direct F2
transaction LNW Restricted Stock Units Options Exercise $0 -3,333 -33% $0.000000 6,667 01 Oct 2024 Common Stock 3,333 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of the shares held by her child, which underly Chess Depository Interests ("CDIs"). CDIs are units of beneficial ownership in shares of common stock of the Company that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depository Nominees Pty Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock. This report should not be deemed an admission that the reporting person is the beneficial owner of her child's shares for purposes of Section 16 or for any other purpose.
F2 Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The balance of the award is scheduled to vest in two substantially equal installments on October 1, 2025 and October 1, 2026. Each unit converts into a share of common stock on a one-for-one basis.
F3 Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The balance of the award is scheduled to vest in two substantially equal installments on October 1, 2025 and October 1, 2026. Each unit converts into a share of common stock on a one-for-one basis.