Siobhan Lane - Nov 20, 2024 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
SVP & CEO - Gaming
Signature
/s/ James Sottile, attorney-in-fact for Siobhan Lane
Stock symbol
LNW
Transactions as of
Nov 20, 2024
Transactions value $
$0
Form type
4
Date filed
11/22/2024, 04:51 PM
Previous filing
Mar 22, 2024

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 Award $0 +21.9K $0.00 21.9K Nov 20, 2024 Common Stock 21.9K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to cliff vest on March 31, 2028, contingent upon the achievement of performance goals. If the applicable performance goals are not met by December 31, 2025, December 31, 2026 and December 31, 2027, as applicable, the portion of the restricted stock units subject to such performance goal are forfeited. Each unit converts into a share of common stock on a one-for-one basis.