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Caesars Entertainment, Inc. — Director's Dealing 2015
Nov 26, 2015
30937_dirs_2015-11-25_6f57f0c1-0ba4-4034-9346-d31850062467.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Eldorado Resorts, Inc. (ERI)
CIK: 0001590895
Period of Report: 2015-11-24
Reporting Person: Hotel Casino Management, Inc. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-24 | Common Stock, par value $0.00001 | P | 124378 | — | Acquired | 5868461 | Direct |
Footnotes
F1: Pursuant to a Retained Interest Agreement entered into in connection with the merger of Eldorado HoldCo LLC ("HoldCo"), the parent company of Eldorado Resorts LLC ("Resorts"), and MTR Gaming Group, Inc., (the "Merger"), Resorts issued shares of Common Stock to acquire the interest in Eldorado Limited Liability Company ("ELLC") not previously owned by Resorts. The value of the ELLC interest acquired by Resorts from Hotel Casino Management, Inc. ("HCMI") is approximately $ 1,265,000.
F2: These shares are owned directly by HCMI. Raymond J. Poncia is a trustee and beneficiary of, and holds investment control over, the Raymond J. Poncia, Jr. Family Trust (the "Poncia Trust"), which holds a direct ownership interest in HCMI. Raymond J. Poncia and the Poncia Trust are indirect beneficial owners of the reported securities.