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

Role: SVP & CEO - Gaming
Signature: /s/ James Sottile, attorney-in-fact for Siobhan Lane
Issuer symbol: LNW
Transactions as of: 20 Nov 2024
Net transactions value: $0
Form type: 4
Filing time: 22 Nov 2024, 16:51:21 UTC
Previous filing: 22 Mar 2024
Next filing: 07 Mar 2025
SEC: View on sec.gov

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	+21,905		$0.000000	21,905	20 Nov 2024	Common Stock	21,905		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.

Content

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.