Light & Wonder, Inc. — Director's Dealing 2018

Jun 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCIENTIFIC GAMES CORP (SGMS)
CIK: 0000750004
Period of Report: 2018-06-01

Reporting Person: COTTLE BARRY L (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-01	Restricted Stock Units	$	A	100000	Acquired		Common Stock (100000.0)	Direct
2018-06-01	Restricted Stock Units	$	A	200000	Acquired		Common Stock (200000.0)	Direct
2018-06-01	Restricted Stock Units	$	A	14406	Acquired		Common Stock (14406.0)	Direct
2018-06-01	Employee Stock Option (right to buy)	$59.35	A	28415	Acquired	2028-05-31	Common Stock (28415.0)	Direct
2018-06-01	Employee Stock Option (right to buy)	$59.35	A	28415	Acquired	2028-05-31	Common Stock (28415.0)	Direct

Footnotes

F1: The restricted stock units are scheduled to vest in three equal annual installments beginning on June 1, 2019. Each unit converts into a share of common stock on a one-for-one basis.

F2: The restricted stock units are scheduled to cliff vest at the end of three years, contingent upon the achievement of performance criteria over such three-year period. Each unit converts into a share of common stock on a one-for-one basis.

F3: The restricted stock units are scheduled to vest in four equal annual installments beginning on June 1, 2019. Each unit converts into a share of common stock on a one-for-one basis.

F4: The stock options are scheduled to become exercisable in four equal annual installments beginning on June 1, 2019.

F5: The stock options are scheduled to become exercisable in four equal annual installments beginning on June 1, 2019 (each, a "Vesting Date"), subject to the Company's 60-trading day average closing price meeting or exceeding $71.22 (the "Performance Goal") prior to June 1, 2022. If the Performance Goal is met prior to the first Vesting Date, then all four annual installments will vest in accordance with the vesting schedule. If the Performance Goal is met subsequent to the first Vesting Date, each annual installment relating to a Vesting Date that has already occurred will automatically vest upon achievement of the Performance Goal and any remaining installments will vest in accordance with the vesting schedule. If the Performance Goal is not met by June 1, 2022, all stock options are forfeited.