Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 53

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 53
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(1) The value shown was calculated by multiplying the number of RSUs outstanding by the closing price of our common stock on December 31, 2024 ($86.38). (2) These RSUs are part of a grant that was awarded with a three-year vesting schedule. The first and second installments vested on March 20, 2023 and 2024. The RSUs shown in the table are scheduled to vest on March 20, 2025. (3) These TSR RSUs were granted with vesting subject to the Company’s achievement by December 31, 2024 of a total shareholder return performance condition target relative to the S&P 400. The Committee approved achievement at 100% of target, and the performance-conditioned RSUs vested in accordance with such determination on March 20, 2025. The total shareholder return target was achieved at 100% of target, and therefore the performance-conditioned RSUs shown in the table above have converted to time-vesting RSUs. (4) These AEBITDA RSUs, subject to the Company’s achievement by December 31, 2024 of an RSU AEBITDA target. The Committee approved achievement at 91.3% of target and the performance-conditioned RSUs vested in accordance with such determination on March 20, 2025. (5) These RSUs are part of a grant that was awarded with a three-year vesting schedule. The first installment of these RSUs vested on March 20, 2024. The RSUs shown in the table are scheduled to vest in two annual installments beginning on March 20, 2025. (6) These TSR RSUs are scheduled to vest on March 20, 2026, subject to the Company’s achievement by December 31, 2025 of a total shareholder return performance condition target relative to the S&P 400. (7)