Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MGM | Common Stock $.01 Par Value ND | 1.52M | Sep 15, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGM | Deferred Stock Units | Award | +3.24 | +0.01% | 52.3K | Sep 15, 2021 | Common Stock $.01 Par Value ND | 3.24 | Direct | F1, F2 | |||
transaction | MGM | Restricted Stock Units | Award | +0.279 | +0.01% | 4.5K | Sep 15, 2021 | Common Stock $.01 Par Value ND | 0.279 | Direct | F3, F4, F5 |
Id | Content |
---|---|
F1 | Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director. |
F2 | Dividend equivalent rights accrue with respect to these DSUs when and as dividends are paid on the Company's common stock and become payable upon the Reporting Person's termination of service as a Director. |
F3 | 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. |
F4 | 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. |
F5 | 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. |