SEC Form 4 · accession 0001179110-16-018000
Caesars Entertainment, Inc. · CZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L. Carano
Officer — Chief Executive Officer · Director
Period of report
Jan 22, 2016
Accepted (ET)
Jan 26, 2016 · 6:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590895
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Jan 22, 2016 | A | 41,907 | A | — | — | Common Stock | 41,907 | 41,907 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units were granted on January 22, 2016 pursuant to the 2015 Equity Incentive Plan.The restricted stock units will vest and become non-forfeitable upon the third anniversary of the date of grant, which will be January 22, 2019. The restricted stock units will settle in common stock upon vesting. Unvested restricted stock units will vest upon (x) the termination of employment if such termination is without cause, for good reason, or due to the death or the disability of the reporting person and (y) consummation of a change of control of Eldorado Resorts, Inc.