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

Role
CHIEF OPERATING OFFICER
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
15 Dec 2022
Net transactions value
$0
Form type
4
Filing time
19 Dec 2022, 16:38:08 UTC
Previous filing
16 Nov 2022
Next filing
10 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGM Common Stock $.01 Par Value ND 311,498 15 Dec 2022 Direct
holding MGM Common Stock $.01 Par Value ND 36,465 15 Dec 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 +0 +0.01% 2,790 15 Dec 2022 Common Stock $.01 Par Value ND 0 Direct F1, F2, F3
transaction MGM Restricted Stock Units Award +1 +0.01% 8,219 15 Dec 2022 Common Stock $.01 Par Value ND 1 Direct F1, F2, F3
transaction MGM Restricted Stock Units Award +1 +0.01% 17,714 15 Dec 2022 Common Stock $.01 Par Value ND 1 Direct F3, F4
transaction MGM Restricted Stock Units Award +3 +0.01% 40,601 15 Dec 2022 Common Stock $.01 Par Value ND 3 Direct F3, F4
transaction MGM Restricted Stock Units Award +2 +0.01% 26,531 15 Dec 2022 Common Stock $.01 Par Value ND 2 Direct F3, F4
transaction MGM Restricted Stock Units Award +3 +0.01% 49,007 15 Dec 2022 Common Stock $.01 Par Value ND 3 Direct 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 The RSUs are fully vested. Delivery of shares is made in four 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 MGM Resorts International'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 vest in four equal annual installments commencing on the first anniversary of the grant date. Any fractional shares are paid in cash upon settlement.