GREGORY M. SPIERKEL - 02 May 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Role
Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
02 May 2023
Net transactions value
$0
Form type
4
Filing time
04 May 2023, 18:16:48 UTC
Previous filing
09 Mar 2023
Next filing
08 Jun 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 26,642 02 May 2023 By grantor 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 -4,454 -100% $0.000000* 0 02 May 2023 Common Stock $.01 Par Value ND 4,454 Direct F1, F2
transaction MGM Deferred Stock Units Options Exercise $0 +4,454 +8% $0.000000 59,963 02 May 2023 Common Stock $.01 Par Value ND 4,454 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

GREGORY M. SPIERKEL is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 vested on May 2, 2023, pursuant to the Plan and applicable award agreement.
F3 Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.