Tilak Mandadi - Aug 2, 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CSITO
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Aug 2, 2021
Transactions value $
$0
Form type
4
Date filed
8/4/2021, 05:01 PM
Previous filing
Jul 16, 2021
Next filing
Sep 17, 2021

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 +75K $0.00 75K Aug 2, 2021 Common Stock $.01 Par Value ND 75K 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 The RSUs will vest in two equal annual installments commencing on the first anniversary of the grant date.