William Hornbuckle - 21 Feb 2023 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: 21 Feb 2023
Net transactions value: -$29,570
Form type: 4
Filing time: 24 Feb 2023, 17:23:19 UTC
Previous filing: 10 Feb 2023
Next filing: 28 Feb 2023
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	+3,123	+6.2%	$0.000000	53,623	21 Feb 2023	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Tax liability	$29,570	-688	-1.3%	$42.98	52,935	21 Feb 2023	Direct
holding	MGM	Common Stock $.01 Par Value ND						172,781	21 Feb 2023	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	Options Exercise	$0	-3,123	-100%	$0.000000^*	0	21 Feb 2023	Common Stock $.01 Par Value ND	3,123		Direct	F1, F2
transaction	MGM	Restricted Stock Units	Award	$0	+26,733		$0.000000	26,733	23 Feb 2023	Common Stock $.01 Par Value ND	26,733		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 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.