Eldorado Resorts, Inc. 4
4 · Eldorado Resorts, Inc. · Filed Nov 25, 2015
Insider Transaction Report
Form 4
Recreational Enterprises, Inc.
10% Owner
Transactions
- Purchase
Common Stock, par value $0.00001
2015-11-24+248,757→ 11,129,867 total
Footnotes (2)
- [F1]Pursuant to a Retained Interest Agreement entered into in connection with the merger of Eldorado HoldCo LLC ("HoldCo"), the parent company of Eldorado Resorts LLC ("Resorts"), and MTR Gaming Group, Inc., (the "Merger"), Resorts issued shares of Common Stock to acquire the interest in Eldorado Limited Liability Company ("ELLC") not previously owned by Resorts. The value of the ELLC interest acquired by Resorts from Recreational Enterprises, Inc. ("REI") is approximately $ 2,531,000.
- [F2]These shares are owned directly by REI. Donald L. Carano is a trustee and beneficiary of, and holds investment control over, the Donald L. Carano Family Trust (the "Trust"), which holds a direct ownership interest in REI. Donald L. Carano and the Trust are indirect beneficial owners of the reported securities.