4//SEC Filing
Lane Katrina R. 4
Accession 0001181431-11-040999
CIK 0000858339other
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 5:18 PM ET
Size
18.5 KB
Accession
0001181431-11-040999
Insider Transaction Report
Form 4
Lane Katrina R.
Senior Vice President
Transactions
- Award
Stock Option
2011-07-08+5,291→ 5,291 totalExercise: $35.00Exp: 2018-02-27→ Common Stock (5,291 underlying) - Disposition to Issuer
Stock Option
2011-07-08−5,291→ 0 totalExercise: $100.00Exp: 2018-02-27→ Common Stock (5,291 underlying) - Award
Stock Option
2011-07-08+11,451→ 11,451 totalExercise: $35.00Exp: 2020-03-01→ Common Stock (11,451 underlying) - Disposition to Issuer
Stock Option
2011-07-08−11,451→ 0 totalExercise: $56.08Exp: 2020-03-01→ Common Stock (11,451 underlying) - Disposition to Issuer
Stock Option
2011-07-08−6,210→ 0 totalExercise: $51.79Exp: 2019-02-24→ Common Stock (6,210 underlying) - Award
Stock Option
2011-07-08+6,210→ 6,210 totalExercise: $35.00Exp: 2019-02-24→ Common Stock (6,210 underlying)
Footnotes (9)
- [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]Form 4 filed on November 24, 2010 incorrectly included performance-based options. The options and underlying shares reported on this line item reflect the correct holdings of the Reporting Person.
- [F3]The option was originally granted on February 24, 2009 and provides for vesting in five equal annual installments commencing February 24, 2010.
- [F4]The option was originally granted on February 27, 2008 and provides for vesting in five equal annual installments commencing on January 28, 2009.
- [F5]The option was originally granted on March 1, 2010 and provides for vesting in four equal annual installments commencing on March 1, 2012.
- [F6]The expiration date and vesting dates reported herein correct the expiration date and vesting dates previously incorrectly reported on November 24, 2010.
- [F7]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 on the Repricing Date and continuing 1/6th on each anniversary of the original grant date.
- [F8]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. 20% on the Repricing Date and continuing 20% on each anniversary of the original grant date.
- [F9]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. 1/7th on the Repricing Date and continuing 1/7th on each anniversary of the original grant date.
Documents
Issuer
CAESARS ENTERTAINMENT Corp
CIK 0000858339
Entity typeother
Related Parties
1- filerCIK 0001456798
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 5:18 PM ET
- Size
- 18.5 KB