William Hornbuckle - 15 Jun 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role: CEO AND PRESIDENT, Director
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol: MGM
Transactions as of: 15 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2021, 17:58:08 UTC
Previous filing: 09 Jun 2021
Next filing: 01 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MGM	Common Stock $.01 Par Value ND						224,748	15 Jun 2021	Direct
holding	MGM	Common Stock $.01 Par Value ND						107,884	15 Jun 2021	In trust

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	Award		+0	+0.01%		8,019	15 Jun 2021	Common Stock $.01 Par Value ND	0		Direct	F1, F2
transaction	MGM	Restricted Stock Units	Award		+1	+0.01%		21,424	15 Jun 2021	Common Stock $.01 Par Value ND	1		Direct	F2, F3
transaction	MGM	Restricted Stock Units	Award		+0	+0.01%		6,248	15 Jun 2021	Common Stock $.01 Par Value ND	0		Direct	F2, F4, F5
transaction	MGM	Restricted Stock Units	Award		+1	+0.01%		13,808	15 Jun 2021	Common Stock $.01 Par Value ND	1		Direct	F2, F4, F5
transaction	MGM	Restricted Stock Units	Award		+2	+0.01%		33,764	15 Jun 2021	Common Stock $.01 Par Value ND	2		Direct	F2, F6
transaction	MGM	Restricted Stock Units	Award		+17	+0.01%		290,126	15 Jun 2021	Common Stock $.01 Par Value ND	17		Direct	F2, F7
transaction	MGM	Restricted Stock Units	Award		+9	+0.01%		152,792	15 Jun 2021	Common Stock $.01 Par Value ND	9		Direct	F1, F2

* 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 MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive 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	Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Company's common stock and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F3	RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date.
F4	RSUs granted under the Plan. Each RSU represents the right to receive one share of Company common stock. Any fractional shares are paid in cash upon settlement.
F5	The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date.
F6	RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. The RSUs were granted on April 1, 2020 as part of the Reporting Person's 2020 annual equity award pursuant to the terms of his new employment agreement with the Company.
F7	RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will cliff vest on the second anniversary of the grant date. If the Reporting Person's employment with the Company terminates as a result of a "Special No-Cause Termination" as defined in the Reporting Person's employment agreement then the RSUs will vest in full and become payable within 30 days from the date of his separation.