4//SEC Filing
Wang Jinlong 4
Accession 0001181431-11-040978
CIK 0000858339other
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 4:43 PM ET
Size
8.2 KB
Accession
0001181431-11-040978
Insider Transaction Report
Form 4
Wang Jinlong
Director
Transactions
- Award
Stock Option
2011-07-08+2,301→ 2,301 totalExercise: $35.00Exp: 2021-01-10→ Common Stock (2,301 underlying) - Disposition to Issuer
Stock Option
2011-07-08−2,301→ 0 totalExercise: $66.00Exp: 2021-01-10→ Common Stock (2,301 underlying)
Footnotes (3)
- [F1]The reported transactions represent an amendment on July 8, 2011 (the "Repricing Date") of the outstanding option to reflect a modification (the "Modification") of the exercise price to $35; the ability to exercise the options at this reduced price is phased in over 4 to 7 years in equal annual increments based on the original grant date for the option. No changes have been made to the vesting provisions of the options.
- [F2]The option was originally granted on January 10, 2011 and provides for vesting in five equal annual installments commencing on January 10, 2012.
- [F3]The Modification provides that vested options may be exercised at the reduced $35 price at the rates set forth below. The Modification also provides that vested options may be exercised at the original price at any time prior to the expiration. 1/6th per year on each anniversary of the original grant date, commencing with the anniversary of the original grant date in 2012.
Documents
Issuer
CAESARS ENTERTAINMENT Corp
CIK 0000858339
Entity typeother
Related Parties
1- filerCIK 0001505321
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 4:43 PM ET
- Size
- 8.2 KB