William Hornbuckle - 01 Apr 2022 Form 4/A - Amendment 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
01 Apr 2022
Net transactions value
-$6,653,048
Form type
4/A - Amendment
Filing time
22 Apr 2022, 17:25:32 UTC
Date Of Original Report
05 Apr 2022
Previous filing
17 Mar 2022
Next filing
22 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +290,179 +482% $0.000000 350,410 01 Apr 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability $4,780,968 -114,186 -33% $41.87 236,224 01 Apr 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +11,257 +4.8% $0.000000 247,481 01 Apr 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability $185,484 -4,430 -1.8% $41.87 243,051 01 Apr 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Sale $1,686,596 -40,000 -22% $42.16 142,603 01 Apr 2022 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 Options Exercise $0 -290,179 -100% $0.000000* 0 01 Apr 2022 Common Stock $.01 Par Value ND 290,179 Direct F2
transaction MGM Restricted Stock Units Options Exercise $0 -11,257 -33% $0.000000 22,513 01 Apr 2022 Common Stock $.01 Par Value ND 11,257 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Amendment is being filed solely to report a transaction that was inadvertently omitted from the original Form 4 filed on April 5, 2022. The sale reported was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F2 Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs cliff vest on the second anniversary of the grant date.
F3 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. Any fractional shares are paid in cash upon settlement.