William Hornbuckle - Feb 23, 2024 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Feb 23, 2024
Transactions value $
-$194,505
Form type
4
Date filed
2/27/2024, 04:28 PM
Previous filing
Oct 6, 2023
Next filing
Feb 29, 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 +6.68K +2.22% $0.00 307K Feb 23, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$105K -2.47K -0.8% $42.58 305K Feb 23, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +5.66K +1.86% $0.00 311K Feb 24, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$89.2K -2.09K -0.67% $42.58 308K Feb 24, 2024 Direct
holding MGM Common Stock $.01 Par Value ND 173K Feb 23, 2024 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 -6.68K -25% $0.00 20K Feb 23, 2024 Common Stock $.01 Par Value ND 6.68K Direct F1, F2
transaction MGM Restricted Stock Units Options Exercise $0 -5.66K -33.33% $0.00 11.3K Feb 24, 2024 Common Stock $.01 Par Value ND 5.66K 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.