Caesars Entertainment, Inc. — Director's Dealing 2020

Jul 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
Period of Report: 2020-07-20

Reporting Person: KORNSTEIN DON R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-20	Common Stock	A	27725	—	Acquired	27725	Direct

Footnotes

F1: On July 20, 2020, pursuant to that certain Agreement and Plan of Merger, dated as of June 24, 2019 (as amended by Amendment No. 1 to Agreement and Plan of Merger, dated as of August 15, 2019, the "Merger Agreement"), by and among Caesars Entertainment Corporation ("Old Caesars"), Eldorado Resorts, Inc. ("Eldorado") and Colt Merger Sub, Inc., a wholly owned subsidiary of Eldorado ("Merger Sub"), Merger Sub merged with and into Old Caesars, with Old Caesars continuing as the surviving corporation and a wholly owned subsidiary of Eldorado (the "Merger"). At the effective time of the Merger, Eldorado changed its name to Caesars Entertainment, Inc. ("New Caesars"). Pursuant to the Merger Agreement, the reporting person received the number of shares of New Caesars common stock reported above and an amount in cash (based on the cash election consideration of approximately $12.41) in exchange for 123,383 shares of Old Caesars common stock.

F2: For purposes of filing this Form 4, the number of shares of New Caesars common stock is estimated based on the reporting person's election under the Merger Agreement, and will be updated if the final number differs materially from this estimate.