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Light & Wonder, Inc. — Director's Dealing 2019
Nov 29, 2019
30802_dirs_2019-11-29_165c22b4-8251-47bf-b6e2-24a73afcc500.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: 2019-11-26
Reporting Person: Mooberry Derik (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-26 | Common Stock | M | 7523 | $12.83 | Acquired | 21939 | Direct |
| 2019-11-26 | Common Stock | M | 7299 | $9.65 | Acquired | 29238 | Direct |
| 2019-11-26 | Common Stock | M | 7648 | $9.65 | Acquired | 36886 | Direct |
| 2019-11-26 | Common Stock | M | 5242 | $21.6 | Acquired | 42128 | Direct |
| 2019-11-26 | Common Stock | M | 5242 | $21.6 | Acquired | 47370 | Direct |
| 2019-11-26 | Common Stock | S | 32954 | $28.19 | Disposed | 14416 | Direct |
| 2019-11-27 | Common Stock | M | 1388 | $12.83 | Acquired | 15804 | Direct |
| 2019-11-27 | Common Stock | M | 4441 | $9.65 | Acquired | 20245 | Direct |
| 2019-11-27 | Common Stock | M | 4092 | $9.65 | Acquired | 24337 | Direct |
| 2019-11-27 | Common Stock | S | 9921 | $27.15 | Disposed | 14416 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-26 | Employee Stock Option (right to buy) | $12.83 | M | 7523 | Disposed | 2025-04-26 | Common Stock (7523) | Direct |
| 2019-11-26 | Employee Stock Option (right to buy) | $9.65 | M | 7299 | Disposed | 2026-06-20 | Common Stock (7299) | Direct |
| 2019-11-26 | Employee Stock Option (right to buy) | $9.65 | M | 7648 | Disposed | 2026-06-20 | Common Stock (7648) | Direct |
| 2019-11-26 | Employee Stock Option (right to buy) | $21.6 | M | 5242 | Disposed | 2027-03-08 | Common Stock (5242) | Direct |
| 2019-11-26 | Employee Stock Option (right to buy) | $21.6 | M | 5242 | Disposed | 2027-03-08 | Common Stock (5242) | Direct |
| 2019-11-27 | Employee Stock Option (right to buy) | $12.83 | M | 1388 | Disposed | 2025-04-26 | Common Stock (1388) | Direct |
| 2019-11-27 | Employee Stock Option (right to buy) | $9.65 | M | 4441 | Disposed | 2026-06-20 | Common Stock (4441) | Direct |
| 2019-11-27 | Employee Stock Option (right to buy) | $9.65 | M | 4092 | Disposed | 2026-06-20 | Common Stock (4092) | Direct |
Footnotes
F1: The stock option transactions herein were executed by Mr. Mooberry in order to diversify his portfolio. These transactions did not affect Mr. Mooberry's ownership of actual shares of the Company's common stock, which was 14,416 shares of common stock both before and after these transactions.
F2: The transaction was executed in multiple trades at prices ranging from $28.00 to $28.77. 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 $26.67 to $27.34. 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: The options became exercisable on April 27, 2019.
F5: The options became exercisable as to 11,740 shares on March 20, 2019 and will become exercisable as to the remaining 11,740 shares on March 20, 2020.
F6: Vesting of these options was contingent on the Company's common stock attaining a defined stock price hurdle on or before March 20, 2020. The stock price hurdle was achieved on February 2, 2017. The options became exercisable as to 11,740 shares on March 20, 2019 and will become exercisable as to the remaining 11,740 shares on March 20, 2020.
F7: The options became exercisable as to 5,242 shares on March 20, 2019 and will become exercisable as to the remaining shares on each of March 20, 2020 (5,241 shares) and March 20, 2021 (5,242 shares).
F8: Vesting of these options was contingent on the Company's common stock attaining a defined stock price hurdle on or before March 20, 2021. The stock price hurdle was achieved on August 11, 2017. The options became exercisable as to 5,242 shares on March 20, 2019 and will become exercisable as to the remaining shares on each of March 20, 2020 (5,241 shares) and March 20, 2021 (5,242 shares).