Jonathan S. Halkyard - Feb 23, 2024 Form 4 Insider Report for MGM Resorts International (MGM)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Feb 23, 2024
Transactions value $
-$95,933
Form type
4
Date filed
2/27/2024, 04:30 PM
Previous filing
Feb 2, 2024
Next filing
Jun 11, 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 +3.17K +12.97% $0.00 27.6K Feb 23, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$50K -1.18K -4.25% $42.58 26.5K Feb 23, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +2.91K +10.99% $0.00 29.4K Feb 24, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$45.9K -1.08K -3.67% $42.58 28.3K Feb 24, 2024 Direct

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 -3.17K -25% $0.00 9.52K Feb 23, 2024 Common Stock $.01 Par Value ND 3.17K Direct F1, F2
transaction MGM Restricted Stock Units Options Exercise $0 -2.91K -33.34% $0.00 5.82K Feb 24, 2024 Common Stock $.01 Par Value ND 2.91K 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.