Gary L. Carano - 29 Jan 2024 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role
Exec. Chairman of the Board, Director
Signature
/s/ Jill Eaton, by power of attorney
Issuer symbol
CZR
Transactions as of
29 Jan 2024
Transactions value $
$-205,434
Form type
4
Filing time
31 Jan 2024, 19:37:45 UTC
Previous filing
29 Jan 2024
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZR Common Stock Options Exercise $0 +6,998 +2.73% $0.000000 263,190 29 Jan 2024 Direct
transaction CZR Common Stock Options Exercise $0 +1,497 +0.57% $0.000000 264,687 29 Jan 2024 Direct
transaction CZR Common Stock Options Exercise $0 +2,712 +1.02% $0.000000 267,399 29 Jan 2024 Direct
transaction CZR Common Stock Tax liability $-205,434 -4,522 -1.69% $45.43 262,877 29 Jan 2024 Direct
holding CZR Common Stock 40,000 29 Jan 2024 By Spouse
holding CZR Common Stock 20,000 29 Jan 2024 By Trust
holding CZR Common Stock 8,604,325 29 Jan 2024 See Footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CZR Restricted Stock Unit Options Exercise $0 -6,998 -100% $0.000000* 0 29 Jan 2024 Common Stock 6,998 Direct F2, F3
transaction CZR Restricted Stock Unit Options Exercise $0 -1,497 -50% $0.000000 1,498 29 Jan 2024 Common Stock 1,497 Direct F2, F4
transaction CZR Restricted Stock Unit Options Exercise $0 -2,712 -33.3% $0.000000 5,424 29 Jan 2024 Common Stock 2,712 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned directly by Recreational Enterprises, Inc. (REI). The reporting person has a direct ownership interest in REI and an indirect ownership interest in REI through the Gary L. Carano S Corporation Trust ("S Corporation Trust") and the Gary L. Carano Qualified S Corporation Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Restricted stock units were granted on January 29, 2021, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.
F4 Restricted stock units were granted on January 28, 2022, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.
F5 Restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.