Edgar Filing: SCHNEIDER RICHARD J

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â SCHNEIDER RICHARD J

2. Date of Event Requiring Statement (Month/Day/Year)
11/17/2008

3. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL GAME TECHNOLOGY [IGT]

(Last)

(First)

(Middle)

C/O INTERNATIONAL GAME TECHNOLOGY,Â 9295 PROTOTYPE DRIVE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
EVP Product Strategy

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

RENO,Â NVÂ 89521

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	30,446	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (right to buy) ⁽¹⁾	10/27/2004⁽²⁾	10/27/2013	Common Stock	140,000	$ 31.57	D	Â
Stock Option (right to buy) ⁽¹⁾	12/31/2004⁽²⁾	12/31/2013	Common Stock	10,000	$ 35.7	D	Â
Stock Option (right to buy) ⁽¹⁾	12/31/2005⁽²⁾	12/31/2014	Common Stock	36,000	$ 34.38	D	Â
Stock Option (right to buy) ⁽¹⁾	11/10/2007⁽³⁾	11/10/2016	Common Stock	9,136	$ 42.72	D	Â
Stock Option (right to buy) ⁽¹⁾	05/11/2008⁽³⁾	05/11/2017	Common Stock	5,603	$ 38.91	D	Â
Stock Option (right to buy) ⁽¹⁾	11/30/2009⁽⁴⁾	11/09/2017	Common Stock	30,000	$ 44.35	D	Â
Stock Option (right to buy) ⁽¹⁾	11/12/2008⁽⁵⁾	05/09/2018	Common Stock	18,150	$ 35.26	D	Â
Stock Option (right to buy) ⁽¹⁾	11/14/2009⁽³⁾	11/14/2018	Common Stock	60,202	$ 10.74	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SCHNEIDER RICHARD J C/O INTERNATIONAL GAME TECHNOLOGY 9295 PROTOTYPE DRIVE RENO,Â NVÂ 89521	Â X	Â	Â EVP Product Strategy	Â

Signatures

Virginia Williams, Attorney-In-Fact for Richard J. Schneider		11/19/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Employee Stock Option (right to buy) granted pursuant to the IGT 2002 Stock Incentive Plan.
(2)	The option becomes exercisable in equal annual installments over a period of five years, at the rate of 20%, commencing on the first anniversary of the date of grant.
(3)	The option becomes exercisable in equal annual installments over a period of four years, at the rate of 25%, commencing on the first anniversary of the date of grant.
(4)	The exercisabiility of the option is contingent on the achievement of certain performance objectives over a period of three years
(5)	The option becomes exercisable in equal installments at a rate of 25% over a period of four years on each of November 12, 2008, November 12, 2009, November 12, 2010 and November 12, 2011.

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