0000950157-24-000503.txt : 20240322
0000950157-24-000503.hdr.sgml : 20240322
20240322204642
ACCESSION NUMBER: 0000950157-24-000503
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240320
FILED AS OF DATE: 20240322
DATE AS OF CHANGE: 20240322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sottile James
CENTRAL INDEX KEY: 0001751535
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11693
FILM NUMBER: 24776698
MAIL ADDRESS:
STREET 1: C/O LIGHT & WONDER, INC.
STREET 2: 6601 BERMUDA ROAD
CITY: LAS VEGAS
STATE: NV
ZIP: 89119
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Light & Wonder, Inc.
CENTRAL INDEX KEY: 0000750004
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
ORGANIZATION NAME: 06 Technology
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: SCIENTIFIC GAMES CORP
DATE OF NAME CHANGE: 20010427
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
form4.xml
X0508
4
2024-03-20
0000750004
Light & Wonder, Inc.
LNW
0001751535
Sottile James
C/O LIGHT & WONDER, INC.
6601 BERMUDA ROAD
LAS VEGAS
NV
89119
true
Exec VP, CLO & Corp Sec
false
Common Stock
2024-03-20
4
M
0
18611
0
A
76089
D
Common Stock
2024-03-20
4
F
0
8945
99.8
D
67144
D
Common Stock
2024-03-20
4
M
0
12944
0
A
80088
D
Common Stock
2024-03-20
4
F
0
6220
101.9
D
73868
D
Restricted Stock Units
2024-03-20
4
M
0
9375
0
D
Common Stock
9375
0
D
Restricted Stock Units
2024-03-20
4
M
0
2236
0
D
Common Stock
2236
0
D
Restricted Stock Units
2024-03-20
4
M
0
6707
0
D
Common Stock
6707
0
D
Restricted Stock Units
2024-03-20
4
M
0
6237
0
D
Common Stock
6237
0
D
Restricted Stock Units
2024-03-20
4
M
0
3430
0
D
Common Stock
3430
3430
D
Restricted Stock Units
2024-03-20
4
M
0
3570
0
D
Common Stock
3570
7140
D
Restricted Stock Units
2024-03-20
4
A
0
6137
0
A
Common Stock
6137
6137
D
Restricted Stock Units
2024-03-20
4
A
0
3069
0
A
Common Stock
3069
3069
D
Restricted Stock Units
2024-03-20
4
A
0
3069
0
A
Common Stock
3069
3069
D
Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
Represents the vesting of one-fourth of restricted stock units granted on April 3, 2020. The award has fully vested. Each restricted stock unit converted into a share of class A common stock on a one-for-one basis.
Represents the vesting of one-third of restricted stock units granted on March 22, 2021. The award has fully vested. Each restricted stock unit converted into a share of class A common stock on a one-for-one basis.
Represents the cliff vesting of restricted stock units granted on March 22, 2021 subject to the achievement of performance criteria over a three-year period. Based on the level of achievement, 100% of the RSUs vested and converted into a share of class A common stock on a one-for-one basis.
Represents the cliff vesting of restricted stock units granted on June 25, 2021 subject to the achievement of performance criteria over a three-year period. Based on the level of achievement, 93% of the RSUs vested and converted into a share of class A common stock on a one-for-one basis.
Represents the vesting of one-third of restricted stock units granted on March 25, 2022. The balance of the award is scheduled to vest on March 20, 2025. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis.
Represents the vesting of one-third of restricted stock units granted on March 24, 2023. The balance of the award is scheduled to vest in two equal installments of 3,570 shares on March 20, 2025 and March 20, 2026. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis.
The restricted stock units are scheduled to vest on March 20, 2025 (2,045 shares), March 20, 2026 (2,046 shares) and March 20, 2027 (2,046 shares). Each unit converts into a share of common stock on a one-for-one basis.
The restricted stock units are scheduled to cliff vest on March 20, 2027, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2026, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
The restricted stock units are scheduled to cliff vest on March 20, 2027, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2026, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
/s/ James Sottile
2024-03-22