SCIENTIFIC GAMES CORP 4
4 · SCIENTIFIC GAMES CORP · Filed Mar 13, 2017
Insider Transaction Report
Form 4
Tjon Sien Fat Karin - Joyce
COO & President
Transactions
- Award
Employee Stock Option (right to buy)
2017-03-09+28,591→ 28,591 totalExercise: $21.60Exp: 2027-03-08→ Common Stock (28,591 underlying) - Award
Restricted Stock Units
2017-03-09+14,467→ 14,467 total→ Common Stock (14,467 underlying) - Award
Employee Stock Option (right to buy)
2017-03-09+28,591→ 28,591 totalExercise: $21.60Exp: 2027-03-08→ Common Stock (28,591 underlying)
Footnotes (3)
- [F1]The restricted stock units are scheduled to vest in four equal annual installments beginning on March 20, 2018. Each unit converts into a share of common stock on a one-for-one basis.
- [F2]The stock options are scheduled to become exercisable in four equal annual installments beginning on March 20, 2018.
- [F3]The stock options are scheduled to become exercisable in four equal annual installments beginning on March 20, 2018 (each, a "Vesting Date"), subject to the Company's 60-trading day average closing price meeting or exceeding $28.08 (the "Performance Goal") prior to March 20, 2021. If the Performance Goal is met prior to the first Vesting Date, then all four annual installments will vest in accordance with the vesting schedule. If the Performance 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 Performance Goal and any remaining installments will vest in accordance with the vesting schedule. If the Performance Goal is not met by March 20, 2021, all stock options are forfeited.