Corey Ian Sanders - Jun 15, 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 06:23 PM
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGM Common Stock $.01 Par Value ND 357K Jun 15, 2021 Direct
holding MGM Common Stock $.01 Par Value ND 36.5K Jun 15, 2021 By CIS 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 +0.475 +0.01% 8.02K Jun 15, 2021 Common Stock $.01 Par Value ND 0.475 Direct F1, F2
transaction MGM Restricted Stock Units Award +1.27 +0.01% 21.4K Jun 15, 2021 Common Stock $.01 Par Value ND 1.27 Direct F2, F3
transaction MGM Restricted Stock Units Award +0.33 +0.01% 5.58K Jun 15, 2021 Common Stock $.01 Par Value ND 0.33 Direct F2, F4, F5
transaction MGM Restricted Stock Units Award +0.73 +0.01% 12.3K Jun 15, 2021 Common Stock $.01 Par Value ND 0.73 Direct F2, F4, F5
transaction MGM Restricted Stock Units Award +1.57 +0.01% 26.6K Jun 15, 2021 Common Stock $.01 Par Value ND 1.57 Direct F2, F6
transaction MGM Restricted Stock Units Award +4.8 +0.01% 81.2K Jun 15, 2021 Common Stock $.01 Par Value ND 4.8 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.