Caesars Entertainment, Inc. — Director's Dealing 2021

May 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
Period of Report: 2021-05-14

Reporting Person: Quatmann Edmund L Jr (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-14	Common Stock	M	400	$15.61	Acquired	32863	Direct
2021-05-14	Common Stock	S	400	$100.01	Disposed	32463	Direct
2021-05-17	Common Stock	M	22120	$15.61	Acquired	54583	Direct
2021-05-17	Common Stock	S	22120	$100.33	Disposed	32463	Direct
2021-05-18	Common Stock	S	10000	$100.72	Disposed	22463	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-14	Stock Option	$15.61	M	400	Disposed	2024-04-24	Common Stock (400.0)	Direct
2021-05-17	Stock Option	$15.61	M	22120	Disposed	2024-04-24	Common Stock (22120.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $100.00 to $100.02, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.

F2: The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $100.00 to $100.60, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.

F3: The stock options became fully exercisable on May 3, 2017.