SEC Form 4: Oquinn Daniel converted options into 7,424 shares and covered exercise/tax liability with 1,812 shares, increasing direct ownership by 64% to 14,442 units
$SCPL
EDP Services
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
SciPlay Corp [ SCPL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 09/20/2023 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | ||||||
| Class A Common Stock | 09/20/2023 | M | 6,424 | A | $0 | 15,254 | D | |||
| Class A Common Stock | 09/20/2023 | F | 1,568 | D | $22.82(1) | 13,686 | D | |||
| Class A Common Stock | 09/21/2023 | M | 1,000 | A | $0 | 14,686 | D | |||
| Class A Common Stock | 09/21/2023 | F | 244 | D | $22.81(1) | 14,442 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (2) | 09/20/2023 | M | 563 | (2) | (2) | Class A Common Stock | 563 | $0 | 0 | D | ||||
| Restricted Stock Units | (3) | 09/20/2023 | M | 563 | (3) | (3) | Class A Common Stock | 563 | $0 | 0 | D | ||||
| Restricted Stock Units | (4) | 09/20/2023 | M | 757 | (4) | (4) | Class A Common Stock | 757 | $0 | 758 | D | ||||
| Restricted Stock Units | (5) | 09/20/2023 | M | 757 | (5) | (5) | Class A Common Stock | 757 | $0 | 758 | D | ||||
| Restricted Stock Units | (6) | 09/20/2023 | M | 3,784 | (6) | (6) | Class A Common Stock | 3,784 | $0 | 7,569 | D | ||||
| Restricted Stock Units | (7) | 09/20/2023 | A | 10,683 | (7) | (7) | Class A Common Stock | 10,683 | $0 | 10,683 | D | ||||
| Restricted Stock Units | (8) | 09/21/2023 | M | 1,000 | (8) | (8) | Class A Common Stock | 1,000 | $0 | 1,000 | 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 September 20, 2019. The award is fully vested. Each restricted stock unit converted into a share of class A common stock on a one-for-one basis. |
| 3. Represents vesting of one-fourth of restricted stock units granted on September 20, 2019. These restricted stock units were granted subject to achievement of a performance condition, which condition was determined to have been achieved. The award is fully vested. Each restricted stock unit converted into a share of class A common stock on a one-for-one basis. |
| 4. Represents vesting of one-third of restricted stock units granted on September 20, 2021. The balance of the award is scheduled to vest on September 20, 2024. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis. |
| 5. Represents vesting of one-third of restricted stock units granted on September 20, 2021. The balance of the award is scheduled to vest on September 20, 2024. These restricted stock units were granted subject to achievement of a performance condition, which condition was determined to have been achieved. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis. |
| 6. Represents vesting of one-third of restricted stock units granted on February 2, 2023. The balance of the award is scheduled to vest on September 20, 2024 and September 20, 2025 as to 3,784 and 3,785 shares, respectively. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis. |
| 7. The restricted stock units are scheduled to vest in three equal installments of 3,561 shares on each of September 20, 2024, September 20, 2025 and September 20, 2026. Each restricted stock unit converts into a share of common stock on a one-for-one basis. |
| 8. Represents vesting of restricted stock units granted on September 21, 2020. The balance of the award is scheduled to vest on September 21, 2024. Each restricted stock unit converts into a share of class A common stock on a one-for-one basis. |
| /s/ James Sottile, attorney-in-fact for Daniel O'Quinn | 09/22/2023 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||