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Caesars Entertainment, Inc. — Director's Dealing 2023
Feb 1, 2023
30937_dirs_2023-01-31_fe32cd5d-32e6-444b-9abf-db257a9cee47.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: 2023-01-27
Reporting Person: Carano Gary L. (Director, Exec. Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-29 | Common Stock | M | 1497 | — | Acquired | 251261 | Direct |
| 2023-01-30 | Common Stock | F | 590 | $50.62 | Disposed | 250671 | Direct |
| 2023-01-29 | Common Stock | M | 6998 | — | Acquired | 257669 | Direct |
| 2023-01-30 | Common Stock | F | 2754 | $50.62 | Disposed | 254915 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-27 | Restricted Stock Unit | $ | A | 8136 | Acquired | Common Stock (8136.0) | Direct | |
| 2023-01-29 | Restricted Stock Unit | $ | M | 1497 | Disposed | Common Stock (1497.0) | Direct | |
| 2023-01-29 | Restricted Stock Unit | $ | M | 6998 | Disposed | Common Stock (6998.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8604325 | Indirect |
| Common Stock | 40000 | Indirect |
| Common Stock | 20000 | Indirect |
Footnotes
F1: These shares are owned directly by Recreational Enterprises, Inc. (REI). The reporting person has a direct ownership interest in REI and an indirect ownership interest in REI through the Gary L. Carano S Corporation Trust ("S Corporation Trust") and the Gary L. Carano Qualified S Corporation Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2: Restricted stock units convert into common stock on a one-for-one basis.
F3: Restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan and will vest in equal installments on each of January 29, 2024, January 29, 2025, and January 29, 2026.
F4: Restricted stock units were granted on January 28, 2022, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2023.
F5: Restricted stock units were granted on January 29, 2021, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2023.