Bret Yunker - May 2, 2022 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role
Chief Financial Officer
Signature
/s/ Jill Eaton by power of attorney
Stock symbol
CZR
Transactions as of
May 2, 2022
Transactions value $
-$783,359
Form type
4
Date filed
5/4/2022, 04:34 PM
Previous filing
Feb 25, 2022
Next filing
Aug 23, 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 +37.61% $0.00 55.7K May 2, 2022 Direct F1
transaction CZR Common Stock Options Exercise $0 +13.9K +24.94% $0.00 69.6K May 2, 2022 Direct
transaction CZR Common Stock Tax liability -$410K -5.99K -8.61% $68.35 63.6K May 2, 2022 Direct
transaction CZR Common Stock Tax liability -$374K -5.47K -8.6% $68.35 58.1K May 2, 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 -15.2K -100% $0.00* 0 May 2, 2022 Common Stock 15.2K Direct F2, F3
transaction CZR Restricted Stock Unit Options Exercise $0 -13.9K -100% $0.00* 0 May 2, 2022 Common Stock 13.9K 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.