William Hornbuckle - Feb 27, 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 27, 2024
Transactions value $
-$71,526
Form type
4
Date filed
2/29/2024, 06:59 PM
Previous filing
Feb 27, 2024
Next filing
Apr 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 +4.6K +1.49% $0.00 313K Feb 27, 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$71.5K -1.7K -0.54% $42.00 311K Feb 27, 2024 Direct
holding MGM Common Stock $.01 Par Value ND 173K Feb 27, 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 -4.6K -100% $0.00* 0 Feb 27, 2024 Common Stock $.01 Par Value ND 4.6K 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.