FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/01/2015 |
3. Issuer Name and Ticker or Trading Symbol
CAESARS ENTERTAINMENT Corp [ CZR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 30,100(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option | (2) | 07/25/2022 | Common Stock | 18,593(3) | $8.23 | D | |
Stock Option | (4) | 06/28/2023 | Common Stock | 3,125(3) | $13.7 | D | |
Stock Option | (5) | 05/07/2024 | Common Stock | 20,000 | $21.18 | D | |
Stock Option | (6) | 08/21/2022 | Common Stock | 23,821(3) | $8.22 | D |
Explanation of Responses: |
1. Includes shares of Common Stock beneficially owned and unvested RSUs previously granted. |
2. 11,621 options to purchase shares awarded 7/25/2012 vest in five equal installments on each of 7/25/2013, 7/25/2014, 7/25/2015, 7/25/2016, and 7/25/2017; 3,486 options to purchase shares awarded on 7/25/2012 vest when the 30-day trailing average of the Registrant's stock price is equal to or greater than $35; 3,486 options to purchase shares awarded on 7/25/2012 vest when the 30-day trailing average of the Registrant's stock price is equal to or greater than $57.41 or 3/15/2015, whichever comes first. |
3. Includes vested and unvested options to purchase shares. |
4. Options to purchase shares awarded 6/28/2013 vest in four equal installments on each of 1/2/2014, 1/2/2015, 1/2/2016, and 1/2/2017. |
5. Options to purchase shares awarded 5/7/2014 vest in four equal installments on each of 5/7/2015, 5/7/2016, 5/7/2017, and 5/7/2018. |
6. 20,411 options to purchase shares awarded 8/21/2012 vest in four equal installments on each of 8/21/2013, 8/21/2014, 8/21/2015 and 8/21/2016; 1705 options to purchase shares awarded 8/21/2012 vest when the 30-day trailing average of the Registrant's stock price is equal to or greater than $35; 1705 options to purchase shares awarded 8/21/2012 vest when the 30-day trailing average of the Registrant's stock price is equal or greater than $57.41 or 3/15/2015, whichever comes first. |
Remarks: |
/s/ Jill Eaton, by Power of Attorney | 01/02/2015 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |