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4//SEC Filing

CAESARS ENTERTAINMENT INC 4

Accession 0001159759-05-000007

CIK 0001070794operating

Filed

Jun 14, 8:00 PM ET

Accepted

Jun 15, 6:03 PM ET

Size

15.9 KB

Accession

0001159759-05-000007

Insider Transaction Report

Form 4
Period: 2005-06-13
DELURY BERNARD
EVP, General Counsel and Secty
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-06-1348,1000 total
    Exercise: $19.11From: 2005-06-13Exp: 2015-01-28Common Stock (48,100 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-06-13166,8000 total
    Exercise: $14.94From: 2005-01-20Exp: 2014-01-20Common Stock (166,800 underlying)
  • Disposition to Issuer

    Performance Award

    2005-06-1320,9000 total
  • Disposition to Issuer

    Common Stock SRU

    2005-06-1340,0000 total
  • Disposition to Issuer

    Restricted Stock Units

    2005-06-13106,7250 total
  • Disposition to Issuer

    Common Stock

    2005-06-1323,7650 total
Footnotes (6)
  • [F1]Pursuant to the Agreement and Plan or Merger, dated as of July 14, 2004 (the "Merger Agreement"), by and among Caesars, Harrah's Entertainment Inc. ("Harrah's") and Harrah's Operating Company, Inc., at the effective time of the merger contemplated therein, each outstanding share of Caesars common stock was converted into the right to receive either 0.3247 shares of Harrah's common stock or $17.75 in cash, at each stockholder's election and subject to proration as described in the Merger Agreement. As a result of the proration calculations that have not yet been completed as of the date of this filing, it is not possible to determine the exact amount of merger consideration to be received by the reporting person for each share of Caesars common stock disposed of in the merger. Harrah's will issue a press release announcing the final merger consideration when it is determined.
  • [F2]Disposed of pursuant to merger agreement between issuer and Harrah's Entertainment Inc. in exchange for 12,988 shares of HET common stock with a market value of $73.17/share on the effective date of the merger.
  • [F3]Disposed of pursuant to merger agreement between issuer and Harrah's Entertainment Inc. in exchange for 6,786 shares of HET common stock with a market value of $73.17/share on the effective date of the merger.
  • [F4]Disposed of pursuant to merger agreement between issuer and Harrah's Entertainment Inc. in exchange for 34,653 shares of HET common stock with a market value of $73.17/share on the effective date of the merger.
  • [F5]This option, which provided for vesting in four equal annual installments beginning January 20, 2006, was assumed by Harrah's in the merger and replaced with an option to purchase 54,160 shares of HET common stock for $46 per share.
  • [F6]This option, which provided for vesting in four equal annual installments beginning January 28, 2005, was assumed by Harrah's in the merger and replaced with an option to purchase 15,618 shares of HET common stock for $58.86 per share.

Issuer

CAESARS ENTERTAINMENT INC

CIK 0001070794

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001070794

Filing Metadata

Form type
4
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 6:03 PM ET
Size
15.9 KB