UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
SEPTEMBER 29, 2004 (SEPTEMBER 23, 2004)
Date of Report (Date of Earliest Event Reported)
CAESARS ENTERTAINMENT, INC.
(Exact name of Registrant as Specified in Charter)
DELAWARE 1-14573 88-0400631
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3930 HOWARD HUGHES PARKWAY
LAS VEGAS, NEVADA 89109
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (702) 699-5000
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On Thursday, September 23, 2004, the Registrant awarded Wallace R.
Barr, President, Chief Executive Officer and member of the Board of Directors
of the Registrant, 80,000 restricted stock units and 400,000 non-qualified
stock options under the Registrant's 2004 Long Term Incentive Plan. Generally,
25% of the restricted stock units and 25% of the non-qualified stock options
will vest each year commencing on September 23, 2005. The per share exercise
price for the options is $16.375. The restricted stock units and non-qualified
stock options will be governed by the terms of the 2004 Long Term Incentive
Plan and the applicable award agreement, as well as the applicable provisions
of Mr. Barr's employment agreement with the Registrant, dated November 19, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CAESARS ENTERTAINMENT, INC.
/s/ Bernard E. DeLury, Jr.
By: --------------------------------
Name: Bernard E. DeLury, Jr.
Title: Executive Vice President,
Secretary and
General Counsel
Dated: September 29, 2004