SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
BEASON STEVEN

(Last) (First) (Middle)
C/O SCIENTIFIC GAMES CORPORATION
1500 BLUEGRASS LAKES PARKWAY

(Street)
ALPHARETTA GA 30004

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/17/2009
3. Issuer Name and Ticker or Trading Symbol
SCIENTIFIC GAMES CORP [ SGMS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, CTO & Division President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 22,237 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (1) 08/07/2015 Common Stock 137,500 $29.18 D
Employee Stock Option (right to buy) (2) 12/14/2015 Common Stock 19,000 $27.68 D
Employee Stock Option (right to buy) (3) 02/26/2017 Common Stock 16,141 $33.94 D
Employee Stock Option (right to buy) (4) 02/25/2018 Common Stock 23,642 $21.27 D
Employee Stock Option (right to buy) (5) 02/22/2019 Common Stock 29,047 $12.21 D
Restricted Stock Units (6) (6) Common Stock 18,334 (6) D
Restricted Stock Units (7) (7) Common Stock 2,502 (7) D
Restricted Stock Units (8) (8) Common Stock 3,527 (8) D
Restricted Stock Units (9) (9) Common Stock 7,825 (9) D
Restricted Stock Units (10) (10) Common Stock 10,000 (10) D
Restricted Stock Units (11) (11) Common Stock 2,200 (11) D
Restricted Stock Units (12) (12) Common Stock 13,631 (12) D
Explanation of Responses:
1. This option, which was granted on August 8, 2005 and originally covered 275,000 shares, was subsequently restructured such that one-half of the shares covered by the option were cancelled and, in lieu thereof, a new grant of 45,833 restricted stock units was issued (representing one unit for every three surrendered options). The restructured option became exercisable as to one-fifth of the underlying shares on each of August 8, 2006, 2007 and 2008 and becomes exercisable as to one-fifth of the underlying shares on each of August 8, 2009 and 2010.
2. The option became exercisable as to one-fifth of the underlying shares on each of December 15, 2006, 2007 and 2008 and becomes exercisable as to one-fifth of the underlying shares on each of December 15, 2009 and 2010.
3. The option became exercisable as to one-fifth of the underlying shares on each of February 27, 2008 and 2009 and becomes exercisable as to one-fifth of the underlying shares on each of February 27, 2010, 2011 and 2012.
4. The option became exercisable as to one-fifth of the underlying shares on February 26, 2009 and becomes exercisable as to one-fifth of the underlying shares on each of February 26, 2010, 2011, 2012 and 2013.
5. The option becomes exercisable as to one-fifth of the underlying shares on each of February 23, 2010, 2011, 2012, 2013 and 2014.
6. The reporting person was granted 45,833 restricted stock units in connection with the restructuring of a stock option award (see footnote 1 above), one-fifth of which vested on each of August 8, 2006, 2007 and 2008. The balance of the award vests in two equal installments on each of August 8, 2009 and 2010. Each unit converts into a share of common stock on a one-for-one basis.
7. The reporting person was granted 6,253 restricted stock units on December 15, 2005, one-fifth of which vested on each of December 15, 2006, 2007 and 2008. The balance of the award vests in two equal installments on each of December 15, 2009 and 2010. Each unit converts into a share of common stock on a one-for-one basis.
8. The reporting person was granted 5,878 restricted stock units on February 27, 2007, one-fifth of which vested on February 27, 2008 based upon satisfaction of certain performance criteria and one-fifth of which vested on February 27, 2009. The balance of the award vests in three equal installments on each of February 27, 2010, 2011 and 2012. Each unit converts into a share of common stock on a one-for-one basis.
9. The reporting person was granted 9,781 restricted stock units on February 26, 2008, one-fifth of which vested on February 26, 2009 based upon satisfaction of certain performance criteria. The balance of the award vests in four equal installments on each of February 26, 2010, 2011, 2012 and 2013. Each unit converts into a share of common stock on a one-for-one basis.
10. The reporting person was granted 10,000 restricted stock units on July 31, 2008, which vest in five equal annual installments beginning on July 31, 2009. Each unit converts into a share of common stock on a one-for-one basis.
11. The reporting person was granted 5,500 restricted stock units on July 31, 2008, of which 3,300 vested immediately. The balance of the award vests in two equal installments on each of July 31, 2009 and 2010. Each unit converts into a share of common stock on a one-for-one basis.
12. The reporting person was granted 13,631 restricted stock units on February 23, 2009, which vest in five equal annual installments beginning on February 23, 2010, subject to satisfaction of certain performance criteria. Each unit converts into a share of common stock on a one-for-one basis.
/s/ Jack Sarno, attorney-in-fact for Steven Beason 06/25/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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