Corey Ian Sanders - 15 Mar 2022 Form 4 Insider Report for MGM Resorts International (MGM)

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, 19:19:09 UTC
Previous filing
01 Mar 2022
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGM Common Stock $.01 Par Value ND 315,800 15 Mar 2022 Direct
holding MGM Common Stock $.01 Par Value ND 36,465 15 Mar 2022 By CIS 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 Restricted Stock Units Award +1 +0.01% 10,713 15 Mar 2022 Common Stock $.01 Par Value ND 1 Direct F1, F2
transaction MGM Restricted Stock Units Award +0 +0.01% 2,789 15 Mar 2022 Common Stock $.01 Par Value ND 0 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +1 +0.01% 8,218 15 Mar 2022 Common Stock $.01 Par Value ND 1 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +2 +0.01% 26,565 15 Mar 2022 Common Stock $.01 Par Value ND 2 Direct F2, F5
transaction MGM Restricted Stock Units Award +4 +0.01% 60,889 15 Mar 2022 Common Stock $.01 Par Value ND 4 Direct F1, F2
transaction MGM Restricted Stock Units Award +2 +0.01% 35,367 15 Mar 2022 Common Stock $.01 Par Value ND 2 Direct F1, F2
* 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 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.
F2 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.
F3 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.
F4 The RSUs are fully vested. Delivery of shares is made 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, following vesting, one share of Company common stock. The RSUs 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.