Filing Details

Accession Number:
0000899243-20-008993
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-19 16:05:30
Reporting Period:
2020-03-17
Accepted Time:
2020-03-19 16:05:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1590895 Eldorado Resorts Inc. ERI Hotels & Motels (7011) 463657681
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1619509 Recreational Enterprises, Inc. 100 West Liberty Street 11Th Floor
Reno NV 89501
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-03-17 640,090 $10.23 10,489,777 No 4 S Direct
Common Stock Disposition 2020-03-17 688,431 $11.23 9,801,346 No 4 S Direct
Common Stock Disposition 2020-03-17 632,045 $12.20 9,169,301 No 4 S Direct
Common Stock Disposition 2020-03-17 170,612 $13.13 8,998,689 No 4 S Direct
Common Stock Disposition 2020-03-17 100,987 $14.00 8,897,702 No 4 S Direct
Common Stock Disposition 2020-03-17 121,835 $15.10 8,775,867 No 4 S Direct
Common Stock Disposition 2020-03-18 156,807 $6.92 8,619,060 No 4 S Direct
Common Stock Disposition 2020-03-18 14,735 $7.49 8,604,325 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. These shares are owned directly by Recreational Enterprises, Inc.'s ("REI"). The Donald L. Carano Family Trust, which holds a direct ownership interest in REI, is an indirect beneficial owner of the reported securities.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.76 to $10.75, inclusive. The reporting person undertakes to provide to Eldorado Resorts, Inc. ("ERI"), any security holder of ERI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4), (5), (6), (7), (8), (9) and (10) to this Form 4.
  3. These shares were sold to satisfy a margin call under a margin loan agreement with a third party commercial bank. As a result of the sales reported in this Form 4, REI's obligations under the margin loan have been satisfied in full and no shares of Common Stock owned by REI are pledged as collateral.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.76 to $11.75, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.76 to $12.75, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.76 to $13.75, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.76 to $14.75, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.76 to $15.64, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.26 to $7.25, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.26 to $7.86, inclusive.