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Light & Wonder, Inc. — Director's Dealing 2023
Oct 2, 2023
30802_dirs_2023-10-02_8455b90b-2edd-4092-b69f-3b3fe018e273.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: 2023-09-28
Reporting Person: Sottile James (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-28 | Common Stock | M | 3334 | — | Acquired | 55800 | Direct |
| 2023-09-28 | Common Stock | F | 1602 | $71.11 | Disposed | 54198 | Direct |
| 2023-10-01 | Common Stock | M | 3333 | — | Acquired | 57531 | Direct |
| 2023-10-01 | Common Stock | F | 1602 | $71.73 | Disposed | 55929 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-09-28 | Restricted Stock Units | $ | M | 3334 | Disposed | Common Stock (3334) | Direct | |
| 2023-10-01 | Restricted Stock Units | $ | M | 3333 | Disposed | Common Stock (3333) | Direct |
Footnotes
F1: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
F2: Represents vesting of one-third restricted stock units granted on September 28, 2020. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.
F3: Represents vesting of one-third restricted stock units granted on October 5, 2022. The balance of the award is scheduled to vest in two installments of 3,333 shares on October 1, 2024 and 3,334 shares on October 1, 2025. Each unit converts into a share of common stock on a one-for-one basis.