Thomas Reeg - 28 Jan 2022 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role: Chief Executive Officer, Director
Signature: /s/ Jill Eaton by power of attorney
Issuer symbol: CZR
Transactions as of: 28 Jan 2022
Net transactions value: -$455,774
Form type: 4
Filing time: 01 Feb 2022, 18:41:34 UTC
Previous filing: 27 Jan 2022
Next filing: 25 Feb 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	+15,212	+7.1%	$0.000000	230,492	29 Jan 2022	Direct
transaction	CZR	Common Stock	Tax liability	$455,774	-5,986	-2.6%	$76.14	224,506	29 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 Units	Award	$0	+53,915		$0.000000	53,915	28 Jan 2022	Common Stock	53,915		Direct	F1, F2
transaction	CZR	Restricted Stock Unit	Options Exercise	$0	-15,212	-33%	$0.000000	30,426	29 Jan 2022	Common Stock	15,212		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	Restricted stock units were granted on January 28, 2022 pursuant to the Amended and Restated 2015 Equity Incentive Plan and will vest in equal installments on each of January 29, 2023, January 29, 2024, and January 29, 2025.
F3	The restricted stock units were granted on January 29, 2021 pursuant to the Amended and Restated 2015 Equity Incentive Plan and vested on January 29, 2022.