William W. Grounds - May 5, 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role: Director
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol: MGM
Transactions as of: May 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/7/2021, 05:25 PM
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGM	Common Stock $.01 Par Value ND	Options Exercise	$0	+10.1K	+81.73%	$0.00	22.3K	May 5, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGM	Restricted Stock Units	Options Exercise	$0	-10.1K	-100%	$0.00^*	0	May 5, 2021	Common Stock $.01 Par Value ND	10.1K		Direct	F1, F2
transaction	MGM	Restricted Stock Units	Award	$0	+4.5K		$0.00	4.5K	May 6, 2021	Common Stock $.01 Par Value ND	4.5K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") granted under the Company's Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are paid in cash upon settlement.
F2	The RSUs vested on May 5, 2021 subject to the terms of the Plan and applicable award agreement.
F3	The RSUs will vest upon the earlier of (i) May 6, 2022 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.