UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) BROWN, SARA BETH M. 9295 Prototype Drive Reno, NV 89521 2. Issuer Name and Ticker or Trading Symbol INTERNATIONAL GAME TECHNOLOGY (IGT) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Day/Year 11/20/02 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Sr. V.P./General Counsel 7. 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 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Period I ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 11/20/02 M 3,000 A $18.8750 D Direct Common Stock 11/20/02 S 100 D $77.6400 D Direct Common Stock 11/20/02 S 3,900 D $77.5700 D Direct Common Stock (1) 11/20/02 M 1,000 A $26.5000 1,434 D Direct Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right $18.8750 11/20/02 M 3,000 10/04/00 (2) 10/04/09 to buy) (1) Non-Qualified Stock Option $26.5000 11/20/02 M 1,000 06/30/01 (2) 06/30/10 (right to buy) (1) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Period ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right 11/20/02 Common Stock 3,000 12,000 D Direct to buy) (1) Non-Qualified Stock Option 11/20/02 Common Stock 1,000 15,000 D Direct (right to buy) (1) Explanation of Responses: (1) Employee stock option (right to buy) granted pursuant to the International Game Technology Stock Option Plan in reliance upon the exemption provided by Rule 16b-3. (2) The option becomes exercisable in equal annual installments over a five-year period, at the rate of 20% per year commencing on the first anniversary of the date of grant. SIGNATURE OF REPORTING PERSON /S/ BROWN, SARA BETH M. ----------------------- Sara Beth M. Brown DATE: 11/21/02