Thomas Reeg - 01 Jan 2022 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role: Chief Executive Officer, Director
Signature: /s/ Jill Eatonby power of attorney
Issuer symbol: CZR
Transactions as of: 01 Jan 2022
Net transactions value: -$1,839,022
Form type: 4
Filing time: 04 Jan 2022, 20:31:06 UTC
Previous filing: 25 Aug 2021
Next filing: 27 Jan 2022
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	+53,877	+37%	$0.000000	199,145	01 Jan 2022	Direct
transaction	CZR	Common Stock	Tax liability	$1,839,022	-19,675	-9.9%	$93.47	179,470	01 Jan 2022	Direct

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	-53,877	-100%	$0.000000^*	0	01 Jan 2022	Common Stock	53,877		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units are settled into common stock on a one-for-one basis.
F2	The restricted stock units were granted on January 25, 2019 pursuant to the 2015 Equity Incentive Plan, subject to achievement of specified performance objectives which were determined to have beenachieved by the Board of the Issuer on February 18, 2021. The restricted stock units vested on January 1, 2022.