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

Signature
/s/ James Sottile
Issuer symbol
LNW
Transactions as of
01 Oct 2024
Net transactions value
-$145,382
Form type
4
Filing time
02 Oct 2024, 20:57:51 UTC
Previous filing
04 Sep 2024
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +3,333 +4.4% $0.000000 78,933 01 Oct 2024 Direct
transaction LNW Common Stock Tax liability $145,382 -1,602 -2% $90.75 77,331 01 Oct 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 -3,333 -50% $0.000000 3,334 01 Oct 2024 Common Stock 3,333 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 the restricted stock units granted on October 5, 2022. The balance of the award is scheduled to vest on October 1, 2025. Each unit converted into a share of common stock on a one-for-one basis.