Filing Details

Accession Number:
0001590895-21-000120
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-13 16:33:16
Reporting Period:
2021-08-11
Accepted Time:
2021-08-13 16:33:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1590895 Caesars Entertainment Inc. CZR Hotels & Motels (7011) 463657681
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1618255 L. Gary Carano 100 West Liberty Street 12Th Floor
Reno NV 89501
Exec. Chairman Of The Board Yes Yes No 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 2021-05-27 60,000 $0.00 456,094 No 5 G Direct
Common Stock Disposition 2021-05-27 40,000 $0.00 416,094 No 5 G Direct
Common Stock Acquisiton 2021-05-27 40,000 $0.00 40,000 No 5 G Indirect By Spouse
Common Stock Disposition 2021-08-11 62,205 $90.04 353,889 No 4 S Direct
Common Stock Disposition 2021-08-11 43,400 $90.85 310,489 No 4 S Direct
Common Stock Disposition 2021-08-11 73,044 $91.77 237,445 No 4 S Direct
Common Stock Disposition 2021-08-11 71,351 $92.88 166,094 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Direct
No 5 G Indirect By Spouse
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,604,325 Indirect See Footnote 7
Footnotes
  1. Represents a gift of securities by the reporting person to his spouse.
  2. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2021.
  3. The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $89.40 to $90.39, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
  4. The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $90.41 to $91.40, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 4 to this Form 4.
  5. The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $91.41 to $92.40, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 5 to this Form 4.
  6. The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $92.42 to $93.26, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 6 to this Form 4.
  7. 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.