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Light & Wonder, Inc. — Director's Dealing 2010
Dec 6, 2010
30802_dirs_2010-12-06_e3cda366-7638-466a-801a-63acf3649eb1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCIENTIFIC GAMES CORP (SGMS)
CIK: 0000750004
Period of Report: 2010-12-02
Reporting Person: WEIL A LORNE (Director, Chairman and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-02 | Employee Stock Option (right to buy) | $9.00 | A | 1000000 | Acquired | 2020-12-01 | Common Stock (1000000) | Direct |
| 2010-12-02 | Employee Stock Option (right to buy) | $8.06 | A | 1000000 | Acquired | Common Stock (1000000) | Direct | |
| 2010-12-02 | Restricted Stock Units | $ | A | 1000000 | Acquired | Common Stock (1000000) | Direct | |
| 2010-12-02 | Restricted Stock Units | $ | A | 1000000 | Acquired | Common Stock (1000000) | Direct |
Footnotes
F1: The option becomes exercisable in four equal annual installments beginning on December 31, 2011.
F2: The option becomes exercisable in five equal annual installments beginning on March 15, 2012, subject to satisfaction of certain performance criteria. Any portion of such option that has vested and become exercisable by March 15, 2016 will expire December 1, 2020. Any portion of such option that has not vested and become exercisable by March 15, 2016 will expire on such date.
F3: The restricted stock units are scheduled to vest in four equal annual installments beginning on December 31, 2011. Each unit converts into a share of common stock on a one-for-one basis.
F4: The restricted stock units are scheduled to vest in five equal annual installments beginning on March 15, 2012, subject to satisfaction of certain performance criteria. Any such units that have not vested by March 15, 2016 will be forfeited on such date. The shares subject to vested units will be issued and delivered to the reporting person on March 15, 2016. Each unit converts into a share of common stock on a one-for-one basis.