SEC Form 4 · accession 0001179110-16-021720
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
Mar 15, 2016
Accepted (ET)
Mar 15, 2016 · 8:27 pm EDT
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 | — | Mar 15, 2016 | A | 101,948 | A | — | — | Common Stock | 101,948 | 101,948 | D |
Explanation of responses
- F1Restricted stock units are settled for common stock on a one-for one basis.
- F2The restricted stock units were granted on January 23, 2015, subject to the achievement of specified performance objectives which have been satisfied. The restricted stock units will vest and become non-forfeitable on January 1, 2018, subject to acceleration of vesting under specified circumstances.