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

Role
Chief Executive Officer, Director
Signature
/s/ Jill Eaton by power of attorney
Stock symbol
CZR
Transactions as of
Jan 28, 2022
Transactions value $
-$455,774
Form type
4
Date filed
2/1/2022, 06:41 PM
Previous filing
Jan 27, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZR Common Stock Options Exercise $0 +15.2K +7.07% $0.00 230K Jan 29, 2022 Direct
transaction CZR Common Stock Tax liability -$456K -5.99K -2.6% $76.14 225K Jan 29, 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 +53.9K $0.00 53.9K Jan 28, 2022 Common Stock 53.9K Direct F1, F2
transaction CZR Restricted Stock Unit Options Exercise $0 -15.2K -33.33% $0.00 30.4K Jan 29, 2022 Common Stock 15.2K 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.