0000750004-19-000019.txt : 20190322 0000750004-19-000019.hdr.sgml : 20190322 20190322163733 ACCESSION NUMBER: 0000750004-19-000019 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190320 FILED AS OF DATE: 20190322 DATE AS OF CHANGE: 20190322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McHugh Patrick J CENTRAL INDEX KEY: 0001763816 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11693 FILM NUMBER: 19700339 MAIL ADDRESS: STREET 1: C/O SCIENTIFIC GAMES CORPORATION STREET 2: 6601 BERMUDA ROAD CITY: LAS VEGAS STATE: NV ZIP: 89119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SCIENTIFIC GAMES CORP CENTRAL INDEX KEY: 0000750004 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 810422894 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6601 BERMUDA ROAD CITY: LAS VEGAS STATE: NV ZIP: 89119 BUSINESS PHONE: 7028977150 MAIL ADDRESS: STREET 1: 6601 BERMUDA ROAD CITY: LAS VEGAS STATE: NV ZIP: 89119 FORMER COMPANY: FORMER CONFORMED NAME: AUTOTOTE CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TOTE INC DATE OF NAME CHANGE: 19920317 4 1 wf-form4_155328703932980.xml FORM 4 X0306 4 2019-03-20 0 0000750004 SCIENTIFIC GAMES CORP SGMS 0001763816 McHugh Patrick J C/O SCIENTIFIC GAMES CORPORATION 6601 BERMUDA ROAD LAS VEGAS NV 89119 0 1 0 0 EVP & Grp Chief Exec, Lottery Common Stock 2019-03-20 4 M 0 10788 0 A 10788 D Common Stock 2019-03-20 4 F 0 3249 22.69 D 7539 D Restricted Stock Units 2019-03-20 4 M 0 6347 0 D Common Stock 6347.0 6347 D Restricted Stock Units 2019-03-20 4 M 0 2836 0 D Common Stock 2836.0 5671 D Restricted Stock Units 2019-03-20 4 M 0 1605 0 D Common Stock 1605.0 4818 D Restricted Stock Units 2019-03-20 4 A 0 9181 0 A Common Stock 9181.0 9181 D Employee Stock Option (right to buy) 22.69 2019-03-20 4 A 0 16587 0 A 2029-03-20 Common Stock 16587.0 16587 D Employee Stock Option (right to buy) 22.69 2019-03-20 4 A 0 16587 0 A 2029-03-20 Common Stock 16587.0 16587 D Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units. Represents vesting of one-fourth of restricted stock units granted on June 21, 2016. The balance of the award is scheduled to vest on March 20, 2020 (6,347 shares). Each unit converts into a share of common stock on a one-for-one basis. Represents vesting of one-fourth of restricted stock units granted on March 9, 2017. The balance of the award is scheduled to vest on March 20, 2020 (2,835 shares) and March 20, 2021 (2,836 shares). Each unit converts into a share of common stock on a one-for-one basis. Represents vesting of one-fourth of restricted stock units granted on March 30, 2018. The balance of the award is scheduled to vest in three equal installments as to 1,606 shares on each of March 20, 2020, 2021 and 2022. Each unit converts into a share of common stock on a one-for-one basis. The restricted stock units are scheduled to vest beginning on March 20, 2020 (2,295 shares) and the balance in three installments on March 20, 2021 (2,295 shares), March 20, 2022 (2,295 shares) and March 20, 2023 (2,296 shares). Each unit converts into a share of common stock on a one-for-one basis. The stock options are scheduled to become exercisable as to 4,146 shares on March 20, 2020 and as to 4,147 shares on each of March 20, 2021, March 20, 2022 and March 20, 2023. The stock options are scheduled to become exercisable as to 4,146 shares on March 20, 2020 and as to 4,147 shares on each of March 20, 2021, March 20, 2022 and March 20, 2023 (each, a "Vesting Date"), subject to the Company's achievement of annual adjusted EBITDA growth of 10% or more compared to actual adjusted EBITDA for the calendar year ending December 31, 2018 (the "AEBITDA Goal"). If the AEBITDA Goal is met prior to the first Vesting Date, then all four annual installments will vest in accordance with the vesting schedule. If the AEBITDA Goal is met subsequent to the first Vesting Date, each annual installment relating to a Vesting Date that has already occurred will automatically vest upon achievement of the AEBITDA Goal and any remaining installments will vest in accordance with the vesting schedule. If the Compensation Committee of the Company determines that the AEBITDA Goal has not been achieved by the end of the 2022 fiscal year, all stock options are forfeited. /s/ Su Shi, attorney-in-fact for Patrick J. McHugh 2019-03-22