Thomas Reeg - 24 Jan 2023 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: 24 Jan 2023
Net transactions value: -$868,837
Form type: 4
Filing time: 26 Jan 2023, 19:03:13 UTC
Previous filing: 04 Jan 2023
Next filing: 31 Jan 2023
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	+43,217	+16%	$0.000000	315,151	24 Jan 2023	Direct
transaction	CZR	Common Stock	Tax liability	$868,837	-17,006	-5.4%	$51.09	298,145	24 Jan 2023	Direct
holding	CZR	Common Stock						10,000	24 Jan 2023	By Trust

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	-43,217	-100%	$0.000000^*	0	24 Jan 2023	Common Stock	43,217		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 convert into common stock on a one-for-one basis.
F2	The restricted stock units were granted on January 24, 2020 pursuant to the Amended and Restated 2015 Equity Incentive Plan and vested on January 24, 2023.