4//SEC Filing
Wilson Matthew R. 4
Accession 0000950157-25-000205
CIK 0000750004other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 8:36 PM ET
Size
21.1 KB
Accession
0000950157-25-000205
Insider Transaction Report
Form 4
Wilson Matthew R.
President & CEO
Transactions
- Tax Payment
Common Stock
2025-03-05$106.19/sh−6,037$641,069→ 160,489 total - Award
Restricted Stock Units
2025-03-05+9,411→ 9,411 total→ Common Stock (9,411 underlying) - Award
Restricted Stock Units
2025-03-05+15,341→ 15,341 total→ Common Stock (15,341 underlying) - Sale
Common Stock
2025-03-07$103.97/sh−6,897$717,081→ 153,592 total - Exercise/Conversion
Restricted Stock Units
2025-03-05−15,341→ 0 total→ Common Stock (15,341 underlying) - Award
Restricted Stock Units
2025-03-05+18,822→ 18,822 total→ Common Stock (18,822 underlying) - Award
Restricted Stock Units
2025-03-05+9,411→ 9,411 total→ Common Stock (9,411 underlying) - Sale
Common Stock
2025-03-07$104.99/sh−11,346$1,191,217→ 142,246 total - Exercise/Conversion
Common Stock
2025-03-05+15,341→ 166,526 total
Footnotes (7)
- [F1]Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
- [F2]The transaction was executed in multiple trades at prices ranging from $103.50 to $104.46. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- [F3]The transaction was executed in multiple trades at prices ranging from $104.50 to $105.44. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- [F4]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 2024. The number of units was determined by dividing the dollar value of the bonus earned, based on actual performance for 2024, 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 2024 bonus, they are subject to immediate vesting. Each unit converts into a share of common stock on a one-for-one basis.
- [F5]The restricted stock units are scheduled to vest in three equal installments on March 5, 2026, 2027 and 2028.
- [F6]The restricted stock units are scheduled to cliff vest on March 5, 2028, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2027, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
- [F7]The restricted stock units are scheduled to cliff vest on March 5, 2028, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2027, all restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
Documents
Issuer
Light & Wonder, Inc.
CIK 0000750004
Entity typeother
Related Parties
1- filerCIK 0001803574
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 8:36 PM ET
- Size
- 21.1 KB