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Light & Wonder, Inc. — Director's Dealing 2020
Mar 2, 2020
30802_dirs_2020-03-02_503c0e1e-935a-4573-a112-29694a460755.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: 2020-03-01
Reporting Person: Wilson Matthew R. (EVP & Grp Chief Exec, Gaming)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-01 | Common Stock | M | 38556 | — | Acquired | 38556 | Direct |
| 2020-03-01 | Common Stock | F | 9760 | $18.16 | Disposed | 28796 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-01 | Restricted Stock Units | $ | A | 110162 | Acquired | Common Stock (110162.0) | Direct | |
| 2020-03-01 | Restricted Stock Units | $ | A | 44064 | Acquired | Common Stock (44064.0) | Direct | |
| 2020-03-01 | Restricted Stock Units | $ | A | 38556 | Acquired | Common Stock (38556.0) | Direct | |
| 2020-03-01 | Restricted Stock Units | $ | M | 38556 | Disposed | Common Stock (38556.0) | Direct |
Footnotes
F1: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2: The restricted stock units are scheduled to vest in two equal annual installments beginning on July 31, 2022, contingent upon the achievement of performance targets as of each of June 30, 2022 and June 30, 2023, respectively. If full performance targets are not achieved at June 30, 2022 or June 30, 2023, the applicable restricted stock units will vest on a pro rata basis proportionate to the level of performance actually achieved. In addition, any restricted stock units due to vest July 31, 2022 that do not vest at such time because applicable performance targets were not fully achieved as of that date will vest to the extent the targets are met at June 30, 2023. Each vested unit converts into a share of common stock on a one-for-one basis.
F3: The restricted stock units are scheduled to vest on the first anniversary of the grant date. Each unit converts into a share of common stock on a one-for-one basis.
F4: The restricted stock units vest immediately. Each unit converts into a share of common stock on a one-for-one basis.
F5: Represents vesting of restricted stock units granted on March 1, 2020. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.