Ellen F. Whittemore - Jan 11, 2022 Form 4 Insider Report for WYNN RESORTS LTD (WYNN)

Role
EVP and General Counsel
Signature
/s/ Nicholas Pannucci, attorney-in-fact for Ellen F. Whittemore
Stock symbol
WYNN
Transactions as of
Jan 11, 2022
Transactions value $
-$449,345
Form type
4
Date filed
1/13/2022, 07:35 PM
Previous filing
Aug 20, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WYNN Common Stock, par value $0.01 per share Tax liability -$174K -2.04K -5.93% $85.30 32.3K Jan 11, 2022 Direct F1
transaction WYNN Common Stock, par value $0.01 per share Award $0 +8.16K +25.23% $0.00 40.5K Jan 12, 2022 Direct F2
transaction WYNN Common Stock, par value $0.01 per share Tax liability -$275K -3.21K -7.93% $85.80 37.3K Jan 12, 2022 Direct F3
transaction WYNN Common Stock, par value $0.01 per share Award $0 +18.4K +49.24% $0.00 55.6K Jan 12, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 11, 2021 and 2019, respectively.
F2 Shares of common stock, par value $0.01 per share, of Wynn Resorts, Limited (the "Company") granted pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan, which shares vested immediately upon grant.
F3 Shares withheld to satisfy tax withholding obligation upon vesting of immediately vested stock granted on January 12, 2022.
F4 Restricted shares of common stock, par value $0.01 per share, of Wynn Resorts, Limited granted pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan. Vesting of 1/3 of the shares is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2022, 2023 and 2024, and if met, 1/3 of the shares will vest on each of the dates of February 28, 2023, 2024 and 2025; and vesting of the remaining 2/3 of the shares is conditioned on continued service through January 12, 2025, with 1/3 of the shares vesting on each of the three consecutive anniversary dates from the date of grant; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.