Todd Meinert - 18 Aug 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role
SVP & Chief Accounting Officer
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
18 Aug 2021
Net transactions value
-$22,141
Form type
4
Filing time
20 Aug 2021, 17:03:01 UTC
Previous filing
17 Jun 2021
Next filing
17 Sep 2021
SEC
View on sec.gov

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 +2,350 +28% $0.000000 10,650 18 Aug 2021 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability $22,141 -573 -5.4% $38.64 10,077 18 Aug 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 -2,350 -25% $0.000000 7,049 18 Aug 2021 Common Stock $.01 Par Value ND 2,350 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 vest in four equal annual installments commencing on the first anniversary of the grant date.