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Light & Wonder, Inc. — Director's Dealing 2022
Jun 2, 2022
30802_dirs_2022-06-02_d60f9f10-9f3b-4022-9294-5068c2d8d5df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Light & Wonder, Inc. (LNW)
CIK: 0000750004
Period of Report: 2022-05-31
Reporting Person: COTTLE BARRY L (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-31 | Common Stock | M | 16666 | — | Acquired | 354545 | Direct |
| 2022-05-31 | Common Stock | F | 6559 | $52.05 | Disposed | 347986 | Direct |
| 2022-06-01 | Common Stock | M | 3602 | — | Acquired | 351588 | Direct |
| 2022-06-01 | Common Stock | F | 1418 | $52.17 | Disposed | 350170 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-31 | Restricted Stock Units | $ | M | 16666 | Disposed | Common Stock (16666) | Direct | |
| 2022-06-01 | Restricted Stock Units | $ | M | 3602 | Disposed | Common Stock (3602) | Direct |
Footnotes
F1: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2: Represents vesting of one-third of restricted stock units granted on June 1, 2021. The balance of the award is scheduled to vest on May 31, 2023 (16,667 shares) and May 31, 2024 (16,667 shares). Each unit converts into a share of common stock on a one-for-one basis.
F3: Represents vesting of one-fourth of restricted stock units granted on June 1, 2018. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.