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

Role
CSITO
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 19:11:41 UTC
Previous filing
28 Feb 2022
Next filing
17 Jun 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 +5 +0.01% 75,014 15 Mar 2022 Common Stock $.01 Par Value ND 5 Direct F1, F2, F3
transaction MGM Restricted Stock Units Award +1 +0.01% 22,919 15 Mar 2022 Common Stock $.01 Par Value ND 1 Direct F3, F4
transaction MGM Restricted Stock Units Award +0 +0.01% 7,326 15 Mar 2022 Common Stock $.01 Par Value ND 0 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.