Edmund L. Quatmann Jr - Aug 17, 2023 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role
Chief Legal Officer
Signature
/s/ Jill Eaton, by power of attorney
Stock symbol
CZR
Transactions as of
Aug 17, 2023
Transactions value $
-$283,371
Form type
4
Date filed
8/21/2023, 09:03 PM
Previous filing
Jan 31, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZR Common Stock Options Exercise $0 +12.4K +35.47% $0.00 47.3K Aug 17, 2023 Direct F1
transaction CZR Common Stock Tax liability -$257K -4.87K -10.3% $52.70 42.4K Aug 17, 2023 Direct
transaction CZR Common Stock Options Exercise $0 +1.33K +3.13% $0.00 43.7K Aug 20, 2023 Direct
transaction CZR Common Stock Tax liability -$26.7K -521 -1.19% $51.29 43.2K Aug 21, 2023 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 Common Stock Options Exercise $0 -1.33K -100% $0.00* 0 Aug 20, 2023 Common Stock 1.33K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted on August 20, 2020, pursuant to the Amended and Restated 2015 Equity Incentive Plan, subject to achievement of specified performance objectives. The level at which such restricted stock units were determined to have been achieved was determined by the Compensation Committee of the Issuer on August 17, 2023. The restricted stock units vested upon such determination.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Restricted Stock Units were awarded August 20, 2020 and vested on August 20, 2023.