Carano Gary L. 4
4 · Caesars Entertainment, Inc. · Filed Jan 31, 2024
Insider Transaction Report
Form 4
Carano Gary L.
DirectorExec. Chairman of the Board
Transactions
- Exercise/Conversion
Common Stock
2024-01-29+6,998→ 263,190 total - Exercise/Conversion
Common Stock
2024-01-29+1,497→ 264,687 total - Exercise/Conversion
Common Stock
2024-01-29+2,712→ 267,399 total - Tax Payment
Common Stock
2024-01-29$45.43/sh−4,522$205,434→ 262,877 total - Exercise/Conversion
Restricted Stock Unit
2024-01-29−6,998→ 0 total→ Common Stock (6,998 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-01-29−2,712→ 5,424 total→ Common Stock (2,712 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-01-29−1,497→ 1,498 total→ Common Stock (1,497 underlying)
Holdings
- 20,000(indirect: By Trust)
Common Stock
- 40,000(indirect: By Spouse)
Common Stock
- 8,604,325(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]These shares are owned directly by Recreational Enterprises, Inc. (REI). The reporting person has a direct ownership interest in REI and an indirect ownership interest in REI through the Gary L. Carano S Corporation Trust ("S Corporation Trust") and the Gary L. Carano Qualified S Corporation Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]Restricted stock units were granted on January 29, 2021, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.
- [F4]Restricted stock units were granted on January 28, 2022, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.
- [F5]Restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan and this installment vested on January 29, 2024. The restricted stock units do not expire.