Janet Swartz - May 2, 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Role
Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
May 2, 2023
Transactions value $
$0
Form type
4
Date filed
5/4/2023, 06:36 PM
Previous filing
Dec 19, 2022
Next filing
May 3, 2024

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 +4.45K +16.82% $0.00 30.9K May 2, 2023 Direct
holding MGM Common Stock $.01 Par Value ND 19.9K May 2, 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 -4.45K -100% $0.00* 0 May 2, 2023 Common Stock $.01 Par Value ND 4.45K Direct F1, F2
transaction MGM Restricted Stock Units Award $0 +4.34K $0.00 4.34K May 3, 2023 Common Stock $.01 Par Value ND 4.34K Direct F1, F3
* 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 vested on May 2, 2023, pursuant to the Plan and applicable award agreement.
F3 The RSUs will vest upon the earlier of (i) May 3, 2024 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.