Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 49

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 49
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 named executive officers. (2) The amounts in the “bonus” column for 2023 reflect the retention bonuses payable to Mr. Chow in connection with his appointment as Interim Chief Financial Officer. (3) The amounts in the “stock awards” column reflect the aggregate grant date fair value of RSUs awarded during the applicable year to the named executive officers, computed in accordance with FASB ASC Topic 718. The fair value of RSUs granted by the Company was determined by multiplying the number of shares subject to the award by the average of the high and low sales prices of our common stock on the trading day immediately prior to the grant date. For additional information, see Note 16 to our consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2024. The amount disclosed in respect of performance-conditioned RSUs reflects target payout, which is also the maximum amount payable under such awards. (4) The amounts in the “non-equity incentive plan compensation” column reflect for all applicable named executive officers the annual performance bonuses earned under the LWICP, which were paid in fully vested shares, rounded up to the nearest whole share. (5) The amounts in the “all other compensation” column for 2024 include the following: a. Company contributions to the Company’s 401(k) plan for Mr. Wilson ($8,750), Mr. Chow ($6,731), Mr. Sottile ($11,550) and Ms. Lane ($9,903). b. For Mr. Wilson, includes costs associated with lodging in connection with a business trip on which he was accompanied by family members ($3,128). Other costs associated with Mr. Wilson’s family members accompanying him on the trip ( e.g. , transportation) were paid directly by Mr. Wilson. c. For Mr. Sottile, includes costs associated with the reimbursement of expenses incurred in commuting from our main office to his home in Silver Spring, Maryland ($77,084). For Ms. Lane, includes costs associated with the reimbursement of expenses incurred in commuting from our main office to her home in Philadelphia, Pennsylvania ($85,455). In the case of Mr. Sottile and Ms. Lane, the commuting expenses also includes the cost of temporary housing in the Las Vegas area. In addition, the Company pays country club dues on behalf of Mr. Wilson in order for Mr. Wilson to utilize the club for business purposes. Although Mr. Wilson may also use the club for