4//SEC Filing
Wang Jinlong 4
Accession 0001181431-12-047241
CIK 0000858339other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 4:47 PM ET
Size
8.8 KB
Accession
0001181431-12-047241
Insider Transaction Report
Form 4
Wang Jinlong
Director
Transactions
- Disposition to Issuer
Stock Option
2012-08-21−4,009→ 0 totalExp: 2021-01-10→ Common Stock (4,009 underlying) - Award
Stock Option
2012-08-21+4,009→ 4,009 totalExp: 2022-08-21→ Common Stock (4,009 underlying)
Footnotes (4)
- [F1]As a result of a re-pricing in July 2011 and after giving effect to the Issuer's subsequent stock split, the shares became vested and exercisable at an exercise price per share of $20.09 in six equal annual installments commencing on the 2012 anniversary of the original grant date of January 10, 2011. Alternatively, the Reporting Person could elect to exercise the vested portion of the option grant (based on the original vesting schedule of the option to purchase shares, which provided for the shares to vest in five equal annual installments commencing on the first anniversary of the original grant date) at an exercise price per share of $37.89 at any time prior to the expiration date.
- [F2]Gives effect to the Issuer's 1.742-for-1 stock split on February 8, 2012.
- [F3]On August 21, 2012, pursuant to the Issuer's Option Exchange, the Issuer canceled the option to purchase shares reported as disposed in Table II. In exchange, the reporting person received an equal replacement option to purchase shares, which is reported as acquired in Table II above. 20% of the shares represented here vested immediately upon grant and are exercisable at $8.22 per share. The portion of the shares vesting on or before August 21, 2014 will be exercisable at $20.09 per share until August 21,2014. After such date, the shares underlying the option will be exercisable at $8.22 per share. Any remaining shares underlying the option vesting after August 21, 2014 will be exercisable at $8.22 per share.
- [F4]20% of the shares underlying the option vested immediately upon grant with the remainder vesting in four equal annual installments commencing on August 21,2013.
Documents
Issuer
CAESARS ENTERTAINMENT Corp
CIK 0000858339
Entity typeother
Related Parties
1- filerCIK 0001505321
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 4:47 PM ET
- Size
- 8.8 KB