Light & Wonder, Inc. — Director's Dealing 2024

Mar 8, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Light & Wonder, Inc. (LNW)
CIK: 0000750004
Period of Report: 2024-03-06

Reporting Person: Wilson Matthew R. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-06	Common Stock	M	14913	—	Acquired	140853	Direct
2024-03-06	Common Stock	F	5869	$99.47	Disposed	134984	Direct
2024-03-07	Common Stock	S	9044	$101.21	Disposed	125940	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-06	Restricted Stock Units	$	A	14913	Acquired		Common Stock (14913)	Direct
2024-03-06	Restricted Stock Units	$	M	14913	Disposed		Common Stock (14913)	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 $101.04 to $101.32. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.

F3: Represents restricted stock units granted pursuant to a determination by the Compensation Committee of the Board of Directors of the issuer as payment in respect of the annual bonus earned by the reporting person with respect to 2023. The number of units was determined by dividing the dollar value of the bonus earned, based on actual performance for 2023, by the average of the high and low prices of the common stock on the day preceding the grant date. Since the restricted stock units are payment in respect of the 2023 bonus, they are subject to immediate vesting. Each unit converts into a share of common stock on a one-for-one basis.