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Light & Wonder, Inc. — Director's Dealing 2010
Jun 9, 2010
30802_dirs_2010-06-09_0e0fad62-77fc-4704-9202-2704e44259d7.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: 2010-06-08
Reporting Person: WEIL A LORNE (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-08 | Employee Stock Option (right to buy) | $7.96 | D | 400000 | Disposed | 2010-06-22 | Common Stock (400000) | Direct |
Footnotes
F1: The option became exercisable as to all of the shares underlying the option (400,000) on December 23, 2003. The option was cancelled on June 8, 2010 by mutual agreement of the reporting person and the issuer. In exchange for such cancellation, the issuer paid the reporting person consideration representing the "spread" value of such options ($1.93 per share) based on the closing price of the issuer's common stock on June 8, 2010.
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