AI assistant
Light & Wonder, Inc. — Director's Dealing 2014
May 15, 2014
30802_dirs_2014-05-15_06f0f824-c392-4f11-b700-90eb19a5a9c2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCIENTIFIC GAMES CORP (SGMS)
CIK: 0000750004
Period of Report: 2014-05-13
Reporting Person: Kennedy David L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-13 | Class A Common Stock | M | 1494 | — | Acquired | 149028 | Direct |
| 2014-05-13 | Class A Common Stock | M | 14734 | — | Acquired | 163762 | Direct |
| 2014-05-13 | Class A Common Stock | F | 4914 | $9.03 | Disposed | 158848 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-13 | Restricted Stock Units | $ | M | 1494 | Disposed | Common Stock (1494) | Direct | |
| 2014-05-13 | Restricted Stock Units | $ | M | 14734 | Disposed | Common Stock (14734) | Direct |
Footnotes
F1: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2: In accordance with the terms of the applicable equity compensation plan, represents the accelerated vesting of one-fifth of award of restricted stock units (RSUs) granted on January 4, 2010 upon MacAndrews & Forbes Holdings Inc. becoming the beneficial owner of at least 40% of the issuer's voting securities (such RSUs otherwise would have vested on January 4, 2015). The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis. As previously disclosed by the issuer, the reporting person has agreed to certain transfer restrictions and forfeiture provisions with respect to 50% of these shares that are designed to replicate to the extent practicable the original vesting provisions of the RSU award.
F3: In accordance with the terms of the applicable equity compensation plan, represents the accelerated vesting of one-fourth of award of restricted stock units (RSUs) granted on March 22, 2011 upon MacAndrews & Forbes Holdings Inc. becoming the beneficial owner of at least 40% of the issuer's voting securities (such RSUs otherwise would have vested on March 22, 2015). The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis. As previously disclosed by the issuer, the reporting person has agreed to certain transfer restrictions and forfeiture provisions with respect to 50% of these shares that are designed to replicate to the extent practicable the original vesting provisions of the RSU award.