Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 79

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 79
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 | ​    | ​ | 1,175,036 | ​ | ​ | ​ |          ​ | ​ | 10,000 | ​ | ​ | ​ | ​    | ​ | 1,480,540 | ​ | ​ |
| Weighted average common shares outstanding                | ​ | ​ | 94,766,409 |   |        |   |   |   |      |   |           |   | ​ | ​ | 90,709,527 |   |   |   |   |   |      |   |           |   | ​ | ​ | 89,008,448 |   |        |   |   |   |      |   |           |   | ​ |
| Burn rate, annual                                         | ​ | ​ |      1.91% |   |        |   |   |   |      |   |           |   | ​ | ​ |      1.30% |   |   |   |   |   |      |   |           |   | ​ | ​ |      1.67% |   |        |   |   |   |      |   |           |   | ​ |

(1) As reported in the notes to our financial statements filed with our Annual Reports on Form 10-K (see Note 16) for each of 2022, 2023 and 2024). The aggregate number of equity awards granted included performance-based awards at grant (rather than upon satisfaction of performance conditions). Based on the burn rates shown in the table above, the average burn rate for the period 2022-2024 was 1.63%. Grants for 2025 under Current Plans The selection of the individuals who will receive grants under the proposed A&R 2003 Plan, and the number of shares to be granted to such individuals, are determined by the Compensation Committee in its discretion. Therefore, it is not possible to predict the amounts that will actually be received by or allocated to particular individuals or groups of individuals under the proposed A&R 2003 Plan. The following tables set forth information with respect to options and other awards granted under the 2003 Plan during 2024 and options granted under the 2003 Plan since its original adoption through April 11, 2025. For the value of the equity awards received by our named executive officers and non-employee directors during 2024, please see the Grants of Plan-Based Awards Table and Director Compensation Table, respectively. As of April