4//SEC Filing
NORTON DAVID W 4
Accession 0001181431-10-057667
CIK 0000858339other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 7:27 PM ET
Size
14.0 KB
Accession
0001181431-10-057667
Insider Transaction Report
Form 4
NORTON DAVID W
Senior Vice President
Transactions
- Disposition to Issuer
Non-Voting Common Stock, par value $0.01 per share
2010-11-22−18,378.56→ 0 total - Award
Stock Option
2010-11-22$100.00/sh+42,330$4,233,000→ 42,330 totalExercise: $100.00Exp: 2018-02-27→ Common Stock (42,330 underlying) - Award
Common Stock, par value $0.01 per share
2010-11-22+18,378.56→ 18,378.56 total - Award
Stock Option
2010-11-22$56.08/sh+27,591$1,547,303→ 27,591 totalExercise: $56.08Exp: 2020-02-22→ Common Stock (27,591 underlying)
Footnotes (4)
- [F1]On November 22, 2010, Caesars Entertainment Corporation (the "Corporation") (a) reclassified its outstanding shares of non-voting common stock, par value $0.01 per share, into a new class of voting common stock, par value $0.01 per share (the "Common Stock"), and (b) cancelled its existing class of non-economic voting common stock that was previously held by Hamlet Holdings LLC (collectively, the "Reclassification"). The Reclassification applied to stock options granted by the Corporation prior to the Reclassification, including stock options granted to Mr. Norton on February 23, 2010, with an exercise price of $56.08 per share, and February 28, 2008, with an exercise price of $100.00 per share.
- [F2]The shares of Common Stock were acquired as part of the Reclassification described in Footnote 1.
- [F3]Options vest as follows: 11,037 shares of Common Stock on 2/23/2012, and three equal installments of 5,518 shares of Common Stock on 2/23/2013, 2/23/2014 and 2/23/2015.
- [F4]Options vest five equal installments on 2/28/2009, 2/28/2010, 2/28/2011, 2/28/2012 and 2/28/2013.
Issuer
CAESARS ENTERTAINMENT Corp
CIK 0000858339
Entity typeother
Related Parties
1- filerCIK 0001257478
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 7:27 PM ET
- Size
- 14.0 KB