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

Role
Chief Legal Officer
Signature
/s/ Jill Eaton, by power of attorney
Issuer symbol
CZR
Transactions as of
17 Aug 2023
Net transactions value
-$283,371
Form type
4
Filing time
21 Aug 2023, 21:03:10 UTC
Previous filing
31 Jan 2023
Next filing
29 Jan 2024
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 +12,376 +35% $0.000000 47,269 17 Aug 2023 Direct F1
transaction CZR Common Stock Tax liability $256,649 -4,870 -10% $52.70 42,399 17 Aug 2023 Direct
transaction CZR Common Stock Options Exercise $0 +1,325 +3.1% $0.000000 43,724 20 Aug 2023 Direct
transaction CZR Common Stock Tax liability $26,722 -521 -1.2% $51.29 43,203 21 Aug 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 -1,325 -100% $0.000000* 0 20 Aug 2023 Common Stock 1,325 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.