Gregory M. Spierkel - 02 May 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 May 2023, 18:16:48 UTC
Prior SEC filing
09 Mar 2023
Next SEC filing
08 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jessica Cunningham, Attorney-In-Fact

Key filing fact

Gregory M. Spierkel filed Form 4 for MGM Resorts International (MGM) on 04 May 2023.

Key facts

  • This page summarizes Gregory M. Spierkel's Form 4 filing for MGM Resorts International (MGM).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 May 2023, 18:16.

Change

  • Previous filing in this sequence was filed on 09 Mar 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MGM holding

Common Stock $.01 Par Value ND

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
26,642
Date
02 May 2023
Ownership
By grantor trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MGM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,454
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 May 2023
Ownership
Direct
Underlying class
Common Stock $.01 Par Value ND
Underlying amount
4,454
Exercise price
Footnotes
F1, F2
MGM transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value
$0
Shares
+4,454
Change %
+8%
Price
$0.000000
Shares after
59,963
Date
02 May 2023
Ownership
Direct
Underlying class
Common Stock $.01 Par Value ND
Underlying amount
4,454
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Gregory M. Spierkel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are paid in cash upon settlement.

Footnote F2

The RSUs vested on May 2, 2023, pursuant to the Plan and applicable award agreement.

Footnote F3

Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.

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