William Hornbuckle - Sep 15, 2022 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/19/2022, 06:49 PM
Previous filing
Aug 22, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGM Common Stock $.01 Par Value ND 266K Sep 15, 2022 Direct
holding MGM Common Stock $.01 Par Value ND 133K Sep 15, 2022 In 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 +0.778 +0.01% 10.7K Sep 15, 2022 Common Stock $.01 Par Value ND 0.778 Direct F1, F2
transaction MGM Restricted Stock Units Award +0.227 +0.01% 3.12K Sep 15, 2022 Common Stock $.01 Par Value ND 0.227 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +0.668 +0.01% 9.21K Sep 15, 2022 Common Stock $.01 Par Value ND 0.668 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +1.63 +0.01% 22.5K Sep 15, 2022 Common Stock $.01 Par Value ND 1.63 Direct F1, F2
transaction MGM Restricted Stock Units Award +5.55 +0.01% 76.4K Sep 15, 2022 Common Stock $.01 Par Value ND 5.55 Direct F1, F2
transaction MGM Restricted Stock Units Award +5.22 +0.01% 71.9K Sep 15, 2022 Common Stock $.01 Par Value ND 5.22 Direct F1, F2
transaction MGM Restricted Stock Units Award +1.64 +0.01% 22.6K Sep 15, 2022 Common Stock $.01 Par Value ND 1.64 Direct F2, F3, F4
* 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 (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 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.