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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 | ||||||||
Restricted Stock Units | (2) | 03/17/2016 | M | 101,810 | (2) | (2) | Common Stock | 101,810 | $ 0 | 282,805 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HADDRILL RICHARD M C/O SCIENTIFIC GAMES CORPORATION 6650 S. EL CAMINO ROAD LAS VEGAS, NV 89118 |
X |
/s/ Kelli Sterrett, attorney-in-fact for Richard M. Haddrill | 03/21/2016 | |
**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) | Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units. |
(2) | Mr. Haddrill's distribution includes the vesting of 11,312 RSUs based upon the achievement of certain strategic business objectives in 2015 and 90,498 RSUs based upon the achievement of a 2015 revenue objective which resulted in a maximum (200%) payout of the 45,249 RSUs originally granted. 40% of the restricted stock units that remain outstanding are scheduled to vest in two equal annual installments in 2017 and 2018 (generally no later than March 15 of each year), subject to satisfaction of certain performance criteria, and 60% of the restricted stock units that remain outstanding are scheduled to vest in 2018 (generally no later than March 15 of such year), subject to satisfaction of certain other performance criteria. Each unit converts into a share of common stock on a one-for-one basis. |