4//SEC Filing
Albregts Douglas 4
Accession 0000750004-18-000179
CIK 0000750004other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 4:38 PM ET
Size
10.7 KB
Accession
0000750004-18-000179
Insider Transaction Report
Form 4
Albregts Douglas
EVP & Grp Chief Exec, Gaming
Transactions
- Award
Employee Stock Option (right to buy)
2018-08-06+13,886→ 13,886 totalExercise: $37.35Exp: 2028-08-06→ Common Stock (13,886 underlying) - Award
Employee Stock Option (right to buy)
2018-08-06+13,886→ 13,886 totalExercise: $37.35Exp: 2028-08-06→ Common Stock (13,886 underlying) - Award
Restricted Stock Units
2018-08-06+7,093→ 7,093 total→ Common Stock (7,093 underlying)
Footnotes (3)
- [F1]The restricted stock units are scheduled to vest beginning on March 20, 2019 (1,773 shares) and the balance in three installments on March 20, 2020 (1,773 shares), March 20, 2021 (1,773 shares) and March 20, 2022 (1,774 shares). Each unit converts into a share of common stock on a one-for-one basis.
- [F2]The options become exercisable on March 20, 2019 (3,471 shares), March 20, 2020 (3,472 shares), March 20, 2021 (3,471 shares) and March 20, 2022 (3,472 shares).
- [F3]The stock options are scheduled to become exercisable in four annual installments beginning on March 20, 2019 (each, a "Vesting Date"), subject to the Company's 60-trading day average closing price meeting or exceeding $44.82 (the "Performance Goal") prior to March 20, 2022. If the Performance Goal is met prior to the first Vesting Date, then all four annual installments will vest in accordance with the vesting schedule. If the Performance Goal is met subsequent to the first Vesting Date, each annual installment relating to a Vesting Date that has already occurred will automatically vest upon achievement of the Performance Goal and any remaining installments will vest in accordance with the vesting schedule. If the Performance Goal is not met by March 20, 2022, all stock options are forfeited.
Documents
Issuer
SCIENTIFIC GAMES CORP
CIK 0000750004
Entity typeother
Related Parties
1- filerCIK 0001417150
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 4:38 PM ET
- Size
- 10.7 KB