Keith Meister - Feb 14, 2022 Form 4 Insider Report for MGM Resorts International (MGM)

Role
Director
Signature
/s/ Keith Meister
Stock symbol
MGM
Transactions as of
Feb 14, 2022
Transactions value $
-$405,000,000
Form type
4
Date filed
2/15/2022, 05:00 PM
Previous filing
Jan 25, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGM Common Stock Disposed to Issuer -$203M -4.5M -28.71% $45.00 11.2M Feb 14, 2022 See Footnotes F1, F2, F3
transaction MGM Common Stock Sale -$203M -4.5M -40.27% $45.00 6.67M Feb 14, 2022 See Footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 4,500,000 shares of common stock were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
F2 These securities are held for the accounts of certain private investment funds for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by the Reporting Person.
F3 For purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.