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SGMS Scientific Games Corporation

58.07
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Scientific Games Corporation NASDAQ:SGMS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 58.07 50.00 62.98 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

23/03/2020 8:32pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

McHugh Patrick J
2. Issuer Name and Ticker or Trading Symbol

SCIENTIFIC GAMES CORP [ SGMS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP & Grp Chief Exec, Lottery
(Last)          (First)          (Middle)

C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

3/20/2020
(Street)

LAS VEGAS, NV 89119
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/20/2020  M  13083 A$0 23424 D  
Common Stock 3/20/2020  F  3936 D$4.41 (1)19488 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (2)3/20/2020  M     6347   (2) (2)Common Stock 6347.0 $0 0 D  
Restricted Stock Units  (3)3/20/2020  M     2835   (3) (3)Common Stock 2835.0 $0 2836 D  
Restricted Stock Units  (4)3/20/2020  M     1606   (4) (4)Common Stock 1606.0 $0 3212 D  
Restricted Stock Units  (5)3/20/2020  M     2295   (5) (5)Common Stock 2295.0 $0 6886 D  

Explanation of Responses:
(1) Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units.
(2) Represents vesting of one-fourth of restricted stock units granted on June 21, 2016. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.
(3) Represents vesting of one-fourth of restricted stock units granted on March 9, 2017. The balance of the award is scheduled to vest on March 20, 2021 (2,836 shares). Each unit converts into a share of common stock on a one-for-one basis.
(4) Represents vesting of one-fourth of restricted stock units granted on March 30, 2018. The balance of the award is scheduled to vest in two equal installments of 1,606 shares on each of March 20, 2021 and March 20, 2022. Each unit converts into a share of common stock on a one-for-one basis.
(5) Represents vesting of one-fourth of restricted stock units granted on March 20, 2019. The balance of the award is scheduled to vest on each of March 20, 2021 (2,295 shares), March 20, 2022 (2,295 shares) and March 20, 2023 (2,296 shares). Each unit converts into a share of common stock on a one-for-one basis.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
McHugh Patrick J
C/O SCIENTIFIC GAMES CORPORATION
6601 BERMUDA ROAD
LAS VEGAS, NV 89119


EVP & Grp Chief Exec, Lottery

Signatures
/s/ Su Shi, attorney-in-fact for Patrick J. McHugh3/23/2020
**Signature of Reporting PersonDate

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