William Hornbuckle - 15 Dec 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role: CEO AND PRESIDENT, Director
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol: MGM
Transactions as of: 15 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 17 Dec 2021, 18:06:56 UTC
Previous filing: 16 Nov 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MGM	Common Stock $.01 Par Value ND						55,363	15 Dec 2021	Direct	F1
holding	MGM	Common Stock $.01 Par Value ND						242,603	15 Dec 2021	In trust	F1

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		+1	+0.01%		10,713	15 Dec 2021	Common Stock $.01 Par Value ND	1		Direct	F2, F3
transaction	MGM	Restricted Stock Units	Award		+0	+0.01%		6,249	15 Dec 2021	Common Stock $.01 Par Value ND	0		Direct	F3, F4, F5
transaction	MGM	Restricted Stock Units	Award		+1	+0.01%		13,809	15 Dec 2021	Common Stock $.01 Par Value ND	1		Direct	F3, F4, F5
transaction	MGM	Restricted Stock Units	Award		+2	+0.01%		33,768	15 Dec 2021	Common Stock $.01 Par Value ND	2		Direct	F3, F6
transaction	MGM	Restricted Stock Units	Award		+18	+0.01%		290,162	15 Dec 2021	Common Stock $.01 Par Value ND	18		Direct	F3, F7
transaction	MGM	Restricted Stock Units	Award		+7	+0.01%		114,607	15 Dec 2021	Common Stock $.01 Par Value ND	7		Direct	F2, F3
transaction	MGM	Restricted Stock Units	Award		+4	+0.01%		71,898	15 Dec 2021	Common Stock $.01 Par Value ND	4		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The Reporting Person transferred 105,240 shares from direct holdings to indirect holdings on November 23, 2021.
F2	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.
F3	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.
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.
F7	RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will cliff vest on the second anniversary of the grant date. If the Reporting Person's employment with the Company terminates as a result of a "Special No-Cause Termination" as defined in the Reporting Person's employment agreement then the RSUs will vest in full and become payable within 30 days from the date of his separation.