Gregory M. Spierkel - Sep 15, 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role: Director
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol: MGM
Transactions as of: Sep 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/17/2021, 06:43 PM
Previous filing: Sep 9, 2021
Next filing: Dec 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MGM	Common Stock $.01 Par Value ND						26.6K	Sep 15, 2021	By grantor 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	Deferred Stock Units	Award		+3.16	+0.01%		51K	Sep 15, 2021	Common Stock $.01 Par Value ND	3.16		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

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.