Craig Scott Billings - 12 Jan 2023 Form 4 Insider Report for WYNN RESORTS LTD (WYNN)

Role: CEO, Director
Signature: /s/ Nicholas Pannucci, attorney-in-fact for Craig Scott Billings
Issuer symbol: WYNN
Transactions as of: 12 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 17 Jan 2023, 19:07:45 UTC
Previous filing: 13 Jan 2023
Next filing: 27 Jan 2023
SEC: View on sec.gov

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	Award	$0	+37,649	+18%	$0.000000	251,417	12 Jan 2023	Direct	F1
transaction	WYNN	Common Stock, par value $0.01 per share	Award	$0	+25,099	+10%	$0.000000	276,516	12 Jan 2023	Direct	F2

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	WYNN	Performance Share Units	Award	$0	+20,916		$0.000000	20,916	12 Jan 2023	Common Stock, par value $0.01		$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted 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 (the "Plan"). Vesting of the shares is conditioned on continued service through January 12, 2026, 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.
F2	Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2023, 2024 and 2025, and if met, 1/3 of the shares will vest on each of the dates of February 28, 2024, 2025 and 2026; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.
F3	Represents the grant of performance share units ("PSUs") pursuant to the Plan. Each PSU represents the right to receive between 0 and 1.6 shares of Company common stock depending on the performance of the common stock from January 1, 2023 to January 1, 2026 (the "Vesting Date"), with such performance determined as the multiple of the average closing price of Company common stock over the 60-calendar day period ending on the Vesting Date, as adjusted to include dividends paid during the term of the PSU, to the average closing price of Company common stock over the 60-calendar day period ending on January 1, 2023.