Bret Yunker - 02 May 2022 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role
Chief Financial Officer
Signature
/s/ Jill Eaton by power of attorney
Issuer symbol
CZR
Transactions as of
02 May 2022
Net transactions value
-$783,359
Form type
4
Filing time
04 May 2022, 16:34:35 UTC
Previous filing
25 Feb 2022
Next filing
23 Aug 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 +15,228 +38% $0.000000 55,713 02 May 2022 Direct F1
transaction CZR Common Stock Options Exercise $0 +13,895 +25% $0.000000 69,608 02 May 2022 Direct
transaction CZR Common Stock Tax liability $409,622 -5,993 -8.6% $68.35 63,615 02 May 2022 Direct
transaction CZR Common Stock Tax liability $373,738 -5,468 -8.6% $68.35 58,147 02 May 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 -15,228 -100% $0.000000* 0 02 May 2022 Common Stock 15,228 Direct F2, F3
transaction CZR Restricted Stock Unit Options Exercise $0 -13,895 -100% $0.000000* 0 02 May 2022 Common Stock 13,895 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a correction to the total number of securities beneficially owned, previously reported on a Form 4 filed on February 1, 2022.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The restricted stock units were granted on May 2, 2019 pursuant to the 2015 Equity Incentive Plan and vested May 2, 2022.
F4 The restricted stock units were granted on May 2, 2019 pursuant to the 2015 Equity Incentive Plan, subject to achievement of specified performance objectives. The level at which such restricted stock units were achieved was determined by the Board of the Issuer on February 18, 2021 and vested on May 2, 2022.