Thomas Reeg - 27 Jan 2023 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Signature
/s/ Jill Eaton by power of attorney
Issuer symbol
CZR
Transactions as of
27 Jan 2023
Net transactions value
-$661,047
Form type
4
Filing time
31 Jan 2023, 19:00:44 UTC
Previous filing
26 Jan 2023
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZR Common Stock Options Exercise $0 +17,971 +6% $0.000000 316,116 29 Jan 2023 Direct
transaction CZR Common Stock Tax liability $357,985 -7,072 -2.2% $50.62 309,044 30 Jan 2023 Direct
transaction CZR Common Stock Options Exercise $0 +15,213 +4.9% $0.000000 324,257 29 Jan 2023 Direct
transaction CZR Common Stock Tax liability $303,062 -5,987 -1.8% $50.62 318,270 30 Jan 2023 Direct
holding CZR Common Stock 10,000 27 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 Award $0 +97,638 $0.000000 97,638 27 Jan 2023 Common Stock 97,638 Direct F1, F2
transaction CZR Restricted Stock Units Options Exercise $0 -17,971 -33% $0.000000 35,944 29 Jan 2023 Common Stock 17,971 Direct F1, F3
transaction CZR Restricted Stock Unit Options Exercise $0 -15,213 -50% $0.000000 15,213 29 Jan 2023 Common Stock 15,213 Direct F1, F4
* 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 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan and will vest in equal installments on each of January 29, 2024, January 29, 2025, and January 29, 2026.
F3 Restricted stock units were granted on January 28, 2022, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2023.
F4 Restricted stock units were granted on January 29, 2021, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2023.