Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 67

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 67
---
, 2025 at 61.5% of target based on the Compensation Committee’s discretionary evaluation of performance in 2024, as described above.(2)Represents PSUs awarded on January 28, 2022 at 90.5% of target based on actual performance described above valued at $33.42 per share, which was our closing stock price as of December 31, 2024. These PSUs vested on January 29, 2025.49
| (3) | Represents remaining time-based RSUs awarded on January 28, 2022 valued at $33.42 per share, which was our closing stock price as of December 31, 2024. These RSUs vested on January 29, 2025. |

| (4) | Represents each tranche of the performance-based equity grant valued at $33.42 per share, which was our closing stock price as of December 31, 2024. In February 2022, the Board made a grant to our CEO of a performance-based hurdle award consisting of 225,000 market-based stock units with performance metrics consisting of three stock price hurdles: 50,000 stock units are eligible to vest based on a stock price hurdle of $125, 75,000 stock units are eligible to vest based on a stock price hurdle of $150 and 100,000 stock units are eligible to vest based on a stock price hurdle of $175. The performance period applicable to these stock units is February 25, 2022 through February 25, 2025. Each tranche of stock units subject to this award only vests if the trailing average closing trading price of a share of our common stock measured over any consecutive 20 calendar-day period within the three-year performance period exceeds the respective hurdle and subject to additional service-based vesting requirements. The respective stock price hurdles were not met, resulting in no payout. |

| (5) | Represents PSUs awarded on January 27, 2023 at the threshold number of shares (based on the assumption that threshold performance of the rTSR metric is achieved) valued at $33.42 per share, which was our closing stock price as of December 31, 2024. These PSUs are eligible to vest on January 29, 2026. |

| (6) | Represents PSUs awarded on January 27, 2023 at 88.0% of target (based upon the average of our performance in 202