Corey Ian Sanders - Oct 2, 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol: MGM
Transactions as of: Oct 2, 2023
Transactions value $: -$172,242
Form type: 4
Date filed: 10/4/2023, 06:04 PM
Previous filing: Aug 22, 2023
Next filing: Oct 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	MGM	Common Stock $.01 Par Value ND	Options Exercise	$0	+12.3K	+5%	$0.00	257K	Oct 3, 2023	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Tax liability	-$172K	-4.82K	-1.88%	$35.72	252K	Oct 3, 2023	Direct
holding	MGM	Common Stock $.01 Par Value ND						36.5K	Oct 2, 2023	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	Ownership	Footnotes
transaction	MGM	Restricted Stock Units	Award	$0	+40.8K		$0.00	40.8K	Oct 2, 2023	Common Stock $.01 Par Value ND	40.8K	Direct	F1
transaction	MGM	Performance Share Units	Award	$0	+33.1K		$0.00	33.1K	Oct 2, 2023	Common Stock $.01 Par Value ND	33.1K	Direct	F2
transaction	MGM	Restricted Stock Units	Options Exercise	$0	-12.3K	-25%	$0.00	36.8K	Oct 3, 2023	Common Stock $.01 Par Value ND	12.3K	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 ("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.
F2	Performance Share Units (PSUs) granted under the Plan. Each PSU represents the right to receive between 0 and 1.6 shares of Company common stock depending upon the performance of the common stock from the grant date to the date that is three years after the grant date, relative to a target price of $52.44.

Content

Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan ("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.

Performance Share Units (PSUs) granted under the Plan. Each PSU represents the right to receive between 0 and 1.6 shares of Company common stock depending upon the performance of the common stock from the grant date to the date that is three years after the grant date, relative to a target price of $52.44.