Recreational Enterprises, Inc. 4
4 · Eldorado Resorts, Inc. · Filed Mar 19, 2020
Insider Transaction Report
Form 4
Recreational Enterprises, Inc.
10% Owner
Transactions
- Sale
Common Stock
2020-03-18$7.49/sh−14,735$110,365→ 8,604,325 total - Sale
Common Stock
2020-03-17$10.23/sh−640,090$6,548,121→ 10,489,777 total - Sale
Common Stock
2020-03-18$6.92/sh−156,807$1,085,104→ 8,619,060 total - Sale
Common Stock
2020-03-17$11.23/sh−688,431$7,731,080→ 9,801,346 total - Sale
Common Stock
2020-03-17$12.20/sh−632,045$7,710,949→ 9,169,301 total - Sale
Common Stock
2020-03-17$13.13/sh−170,612$2,240,136→ 8,998,689 total - Sale
Common Stock
2020-03-17$14.00/sh−100,987$1,413,818→ 8,897,702 total - Sale
Common Stock
2020-03-17$15.10/sh−121,835$1,839,709→ 8,775,867 total
Footnotes (10)
- [F1]These shares are owned directly by Recreational Enterprises, Inc.'s ("REI"). The Donald L. Carano Family Trust, which holds a direct ownership interest in REI, is an indirect beneficial owner of the reported securities.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.26 to $7.86, inclusive.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.76 to $10.75, inclusive. The reporting person undertakes to provide to Eldorado Resorts, Inc. ("ERI"), any security holder of ERI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4), (5), (6), (7), (8), (9) and (10) to this Form 4.
- [F3]These shares were sold to satisfy a margin call under a margin loan agreement with a third party commercial bank. As a result of the sales reported in this Form 4, REI's obligations under the margin loan have been satisfied in full and no shares of Common Stock owned by REI are pledged as collateral.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.76 to $11.75, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.76 to $12.75, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.76 to $13.75, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.76 to $14.75, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.76 to $15.64, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.26 to $7.25, inclusive.