William Hornbuckle - 03 Oct 2022 Form 4 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
03 Oct 2022
Net transactions value
-$232,626
Form type
4
Filing time
05 Oct 2022, 20:13:53 UTC
Previous filing
19 Sep 2022
Next filing
11 Oct 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 +17,978 +6.8% $0.000000 284,201 04 Oct 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability $232,626 -7,075 -2.5% $32.88 277,126 04 Oct 2022 Direct
holding MGM Common Stock $.01 Par Value ND 132,603 03 Oct 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 +130,677 $0.000000 130,677 03 Oct 2022 Common Stock $.01 Par Value ND 130,677 Direct F1
transaction MGM Restricted Stock Units Options Exercise $0 -17,978 -25% $0.000000 53,936 04 Oct 2022 Common Stock $.01 Par Value ND 17,978 Direct F1
* 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. 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.