COREY IAN SANDERS - 15 Sep 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
15 Sep 2021
Transactions value $
$0
Form type
4
Filing time
17 Sep 2021, 19:02:19 UTC
Previous filing
25 Aug 2021
Next filing
24 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGM Common Stock $.01 Par Value ND 339K 15 Sep 2021 Direct
holding MGM Common Stock $.01 Par Value ND 36.5K 15 Sep 2021 By CIS 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 Award +0.496 +0.01% 8.02K 15 Sep 2021 Common Stock $.01 Par Value ND 0.496 Direct F1, F2
transaction MGM Restricted Stock Units Award +1.33 +0.01% 21.4K 15 Sep 2021 Common Stock $.01 Par Value ND 1.33 Direct F1, F2
transaction MGM Restricted Stock Units Award +0.345 +0.01% 5.58K 15 Sep 2021 Common Stock $.01 Par Value ND 0.345 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +0.763 +0.01% 12.3K 15 Sep 2021 Common Stock $.01 Par Value ND 0.763 Direct F2, F3, F4
transaction MGM Restricted Stock Units Award +1.64 +0.01% 26.6K 15 Sep 2021 Common Stock $.01 Par Value ND 1.64 Direct F2, F5
transaction MGM Restricted Stock Units Award +3.77 +0.01% 60.9K 15 Sep 2021 Common Stock $.01 Par Value ND 3.77 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 (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.
F2 Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Company's common stock and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F3 RSUs granted under the Plan. Each RSU represents the right to receive one share of Company common stock. Any fractional shares are paid in cash upon settlement.
F4 The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date.
F5 RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. The RSUs were granted on April 1, 2020 as part of the Reporting Person's 2020 annual equity award pursuant to the terms of his new employment agreement with the Company.