Keith A. Meister - Mar 12, 2024 Form 4 Insider Report for MGM Resorts International (MGM)

Role
Director
Signature
/s/ Keith Meister
Stock symbol
MGM
Transactions as of
Mar 12, 2024
Transactions value $
-$18,240,500
Form type
4
Date filed
3/13/2024, 07:09 PM
Previous filing
Jan 3, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGM Common Stock Sale -$13.9M -325K -5.06% $42.90 6.1M Mar 12, 2024 See Footnotes F1, F2, F3
transaction MGM Common Stock Sale -$4.3M -100K -1.64% $42.98 6M Mar 13, 2024 See Footnotes F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.69 to $43.15, inclusive. The Reporting Person undertakes to provide to MGM Resorts International (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth footnotes (1) and (4) to this Form 4.
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, Corvex Select Equity Master Fund LP and Corvex-E 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.82 to $43.10, inclusive.