CAESARS ENTERTAINMENT INC 4/A

4/A · CAESARS ENTERTAINMENT INC · Filed Jun 28, 2005

Form 4/AAmended

Period: 2005-03-15

EVP, General Counsel and Secty

Transactions

Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−10,000$218,500→ 0 total
Exercise: $6.50From: 2000-01-15Exp: 2009-01-15→ Common Stock (10,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−20,000$437,000→ 0 total
Exercise: $6.85From: 2005-03-11Exp: 2013-02-24→ Common Stock (20,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−15,000$327,750→ 0 total
Exercise: $9.94From: 2005-03-11Exp: 2012-01-30→ Common Stock (15,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−30,000$655,500→ 0 total
Exercise: $7.55From: 2005-03-11Exp: 2013-01-28→ Common Stock (30,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−3,000$65,550→ 0 total
Exercise: $11.23From: 1999-01-21Exp: 2008-01-21→ Common Stock (3,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-03-15$21.85/sh−2,000$43,700→ 0 total
Exercise: $9.11From: 1998-03-13Exp: 2007-03-13→ Common Stock (2,000 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 15, 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

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