COTTLE BARRY L 4
4 · SCIENTIFIC GAMES CORP · Filed Mar 18, 2022
Insider Transaction Report
Form 4
COTTLE BARRY L
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2022-03-16+42,914→ 303,392 total - Award
Restricted Stock Units
2022-03-16+42,914→ 42,914 total→ Common Stock (42,914 underlying) - Tax Payment
Common Stock
2022-03-16$58.00/sh−15,205$881,890→ 288,187 total - Exercise/Conversion
Restricted Stock Units
2022-03-16−42,914→ 0 total→ Common Stock (42,914 underlying)
Footnotes (2)
- [F1]Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- [F2]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 2021. The number of units was determined by dividing the dollar value of the bonus earned, based on actual performance for 2021, 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 2021 bonus, they are subject to immediate vesting. Each unit converts into a share of common stock on a one-for-one basis.