Ellen F. Whittemore - Jan 9, 2024 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 9, 2024
Transactions value $
-$398,187
Form type
4
Date filed
1/11/2024, 07:06 PM
Previous filing
Mar 10, 2023
Next filing
Jan 12, 2024

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 +10.4K +15.3% $0.00 78.3K Jan 9, 2024 Direct F1
transaction WYNN Common Stock, par value $0.01 per share Sale -$398K -4.18K -5.34% $95.26 74.1K Jan 9, 2024 Direct F2
transaction WYNN Common Stock, par value $0.01 per share Award $0 +7.44K +10.04% $0.00 81.6K Jan 9, 2024 Direct F3
transaction WYNN Common Stock, par value $0.01 per share Award $0 +9.09K +11.15% $0.00 90.7K Jan 9, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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"), which shares vested immediately upon grant.
F2 Shares withheld to satisfy tax withholding obligation upon vesting of immediately vested stock granted on January 9, 2024.
F3 Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is conditioned on continued service through January 9, 2027, 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.
F4 Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2024, 2025 and 2026, and if met, 1/3 of the shares will vest on each of the dates of February 28, 2025, 2026 and 2027; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.