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Caesars Entertainment, Inc. — Director's Dealing 2022
Mar 1, 2022
30937_dirs_2022-02-28_207e2026-e80f-41f2-b10a-d03c9b683ecc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
Period of Report: 2022-02-25
Reporting Person: Reeg Thomas (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-25 | Restricted Stock Unit | $ | A | 225000 | Acquired | Common Stock (225000.0) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Restricted stock units were granted on February 25, 2022 pursuant to the Amended and Restated 2015 Equity Incentive Plan and will vest upon the Issuers stock price achieving certain Company Stock Price (as defined below) hurdles as follows: (a) 22.2% vests if the Company Stock Price exceeds $125 per share, (b) 33.3% vests if the Company Stock Price exceeds $150 per share, and (c) 44.5% vests if the Company Stock Price exceeds $175 per share. For purposes of this Form 4, Company Stock Price means the trailing average closing stock price of the Issuers common stock measured over any consecutive twenty (20) calendar day period.