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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 12.41 | 08/16/2011 | D | 30,000 | (1) | 03/31/2019 | Common Stock | 30,000 | (1) | 0 | D | ||||
Restricted Stock Units | (1) | 08/16/2011 | A | 12,765 | (1) | (1) | Common Stock | 12,765 | (1) | 12,765 | D | ||||
Employee Stock Option (right to buy) | $ 15.65 | 08/16/2011 | D | 26,791 | (2) | 02/21/2020 | Common Stock | 26,791 | (2) | 0 | D | ||||
Restricted Stock Units | (2) | 08/16/2011 | A | 9,920 | (2) | (2) | Common Stock | 9,920 | (2) | 9,920 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lipkin Jeff S C/O SCIENTIFIC GAMES CORPORATION 750 LEXINGTON AVENUE, 25TH FLOOR NEW YORK, NY 10022 |
Sr. VP & CFO |
/s/ Jack Sarno, attorney-in-fact for Jeff S. Lipkin | 08/18/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On August 16, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on April 1, 2009 (such canceled option provided for vesting in five equal installments beginning on April 1, 2010). In exchange for the option, the reporting person received 12,765 restricted stock units, 7,659 of which are scheduled to vest on August 16, 2012, 2,553 of which are scheduled to vest on April 1, 2013 and 2,553 of which are scheduled to vest on April 1, 2014. Each unit converts into a share of common stock on a one-for-one basis. |
(2) | On August 16, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on February 22, 2010 (such canceled option provided for vesting in four equal installments beginning on February 22, 2011). In exchange for the option, the reporting person received 9,920 restricted stock units, 4,960 of which are scheduled to vest on August 16, 2012, 2,480 of which are scheduled to vest on February 22, 2013 and 2,480 of which are scheduled to vest on February 22, 2014. Each unit converts into a share of common stock on a one-for-one basis. |