Tilak Mandadi - Mar 15, 2022 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CSITO
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 07:11 PM
Previous filing
Feb 28, 2022
Next filing
Jun 17, 2022

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 +4.68 +0.01% 75K Mar 15, 2022 Common Stock $.01 Par Value ND 4.68 Direct F1, F2, F3
transaction MGM Restricted Stock Units Award +1.43 +0.01% 22.9K Mar 15, 2022 Common Stock $.01 Par Value ND 1.43 Direct F3, F4
transaction MGM Restricted Stock Units Award +0.457 +0.01% 7.33K Mar 15, 2022 Common Stock $.01 Par Value ND 0.457 Direct F3, F5, F6
* 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 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.
F2 The RSUs will vest in two equal annual installments commencing on the first anniversary of the grant date.
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, 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.
F5 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.
F6 The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date.