William Hornbuckle - 01 Apr 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
01 Apr 2023
Net transactions value
-$196,825
Form type
4
Filing time
04 Apr 2023, 18:28:18 UTC
Previous filing
01 Mar 2023
Next filing
22 Aug 2023

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 +11,259 +19% $0.000000 70,658 01 Apr 2023 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability $196,825 -4,431 -6.3% $44.42 66,227 01 Apr 2023 Direct
holding MGM Common Stock $.01 Par Value ND 172,781 01 Apr 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 -11,259 -50% $0.000000 11,259 01 Apr 2023 Common Stock $.01 Par Value ND 11,259 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. Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are paid in cash upon settlement.