4/A//SEC Filing
CAESARS ENTERTAINMENT INC 4/A
Accession 0001262570-05-000092
CIK 0001070794operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 10:29 AM ET
Size
8.9 KB
Accession
0001262570-05-000092
Insider Transaction Report
Form 4/AAmended
BOLLENBACH STEPHEN F
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-14$21.85/sh−2,000,000$43,700,000→ 0 totalExercise: $6.38From: 1999-12-31Exp: 2008-12-31→ Common Stock (2,000,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-14$21.85/sh−1,000,000$21,850,000→ 0 totalExercise: $12.88From: 2005-03-11Exp: 2008-12-31→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]Optionee elected to cash-out 1998 Stock Incentive Plan or 1998 Independent Director Stock Option Plan options upon shareholder approval of the merger agreement on March 11, 2005.
- [F2]Pursuant to the change of control provisions of the 1998 Plan, the amount to be paid upon the exercise of these options has been adjusted to reflect the value of the stock and cash received by those stockholders that elected to receive the stock consideration in the merger of Caesars Entertainment, Inc. with and into Harrah's Operating Company, Inc. on June 13, 2005. On March 14, 2005, the optionee received $20.89 per Caesars stock option surrendered for cash payment, and on June 24, 2005 received an additional cash payment of $0.96 per Caesars stock option surrendered in connection with the adjustment described above.
- [F3]Outstanding 1998 Plan options became vested and exercisable upon shareholder approval of the merger agreement on March 11, 2005.
Documents
Issuer
CAESARS ENTERTAINMENT INC
CIK 0001070794
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001070794
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 10:29 AM ET
- Size
- 8.9 KB