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Light & Wonder, Inc. — Director's Dealing 2018
Mar 23, 2018
30802_dirs_2018-03-22_fb7ddf79-c421-4b75-82b1-247e1fcdcb77.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: 2018-03-20
Reporting Person: Isaacs Michael Gavin (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-20 | Class A Common Stock | M | 25907 | — | Acquired | 68686 | Direct |
| 2018-03-20 | Class A Common Stock | F | 10195 | $46.10 | Disposed | 58491 | Direct |
| 2018-03-20 | Class A Common Stock | M | 42200 | $9.65 | Acquired | 100691 | Direct |
| 2018-03-20 | Class A Common Stock | S | 42200 | $45.26 | Disposed | 58491 | Direct |
| 2018-03-21 | Class A Common Stock | M | 8400 | $9.65 | Acquired | 66891 | Direct |
| 2018-03-21 | Class A Common Stock | S | 8400 | $45.23 | Disposed | 58491 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-20 | Restricted Stock Units | $ | M | 25907 | Disposed | Common Stock (25907.0) | Direct | |
| 2018-03-20 | Employee Stock Option (right to buy) | $9.65 | M | 22100 | Disposed | 2026-06-20 | Common Stock (22100.0) | Direct |
| 2018-03-20 | Employee Stock Option (right to buy) | $9.65 | M | 20100 | Disposed | 2026-06-20 | Common Stock (20100.0) | Direct |
| 2018-03-21 | Employee Stock Option (right to buy) | $9.65 | M | 3250 | Disposed | 2026-06-20 | Common Stock (3250.0) | Direct |
| 2018-03-21 | Employee Stock Option (right to buy) | $9.65 | M | 5150 | Disposed | 2026-06-20 | Common Stock (5150.0) | Direct |
Footnotes
F1: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2: The transaction was executed in multiple trades at prices ranging from $45.20 to $45.55. The price reported above reflects the weighted average sale price. Details regarding aggregated sales transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
F3: The transaction was executed in multiple trades at prices ranging from $45.20 to $45.40. The price reported above reflects the weighted average sale price. Details regarding aggregated sales transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
F4: Represents vesting of one-fourth of restricted stock units granted on June 21, 2016. The balance of the award is scheduled to vest on June 30, 2018. Each unit converts into a share of common stock on a one-for-one basis.
F5: The option became exercisable on March 20, 2017 (51,229 shares) and March 20, 2018 (51,230 shares) and is scheduled to become exercisable as to the remainder on June 30, 2018.
F6: Vesting of these options was contingent on the Company's Class A Common Stock attaining a trading day average closing price that was achieved on February 2, 2017. The option became exercisable as to 51,229 shares on March 20, 2017 and as to 51,230 shares on March 20, 2018. The balance of the award is scheduled to vest on June 30, 2018. Each unit converts into a share of common stock on a one-for-one basis.