SEC Form 4 · accession 0001179110-16-032518
Caesars Entertainment, Inc. · CZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hotel Casino Management, Inc.
10% Owner
Period of report
Nov 28, 2016
Accepted (ET)
Dec 7, 2016 · 2:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590895
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 28, 2016 | S | 85,446 | $13.2075 | D | 5,783,015 | D | |
| Common StockF1 | Nov 29, 2016 | S | 102,233 | $13.4718 | D | 5,680,782 | D | |
| Common StockF1 | Nov 30, 2016 | S | 162,321 | $13.4932 | D | 5,518,461 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are owned directly by Hotel Casino Management, Inc. ("HCMI"). Raymond J. Poncia is a trustee and beneficiary of, and holds investment control over, the Raymond J. Poncia, Jr. Family Trust (the "Poncia Trust"), which holds a direct ownership interest in HCMI. Raymond J. Poncia and the Poncia Trust are indirect beneficial owners of the reported securities.
Remarks
This is a late filing with respect to the transaction reported in Table I dated November 28, 2016; pursuant to the General Instructions of Form 4, a Form 4 relating to such transaction should have been filed within two business days following the date of such transaction.