SEC Form 4 · accession 0000858339-15-000116
CAESARS ENTERTAINMENT Corp · CZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric A Hession
Officer — EVP,Chief Financial Officer
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 8:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000858339
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 29, 2015 | A | 91,875 | $0.00 | A | 195,672 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F3 | $9.36 | May 29, 2015 | A | 26,250 | A | — | May 29, 2025 | Common Stock | 26,250 | 26,250 | D |
Explanation of responses
- F1Restricted Stock Units vest as follows: 25% on 2/29/16 and 25% on each of 3/1/17, 3/1/18, and 3/1/19.
- F2Includes shares of Common Stock beneficially owned and unvested RSUs previously granted and reported.
- F3Options to purchase shares vest as follows: 25% on 2/29/16 and 25% on each of 3/1/17, 3/1/18, and 3/1/19.