COREY IAN SANDERS - 14 Nov 2021 Form 4 Insider Report for MGM Resorts International (MGM)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
14 Nov 2021
Transactions value $
-$142,304
Form type
4
Filing time
16 Nov 2021, 18:56:55 UTC
Previous filing
21 Oct 2021
Next filing
17 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +8.02K +2.31% $0.00 355K 14 Nov 2021 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$142K -3.16K -0.89% $45.09 351K 14 Nov 2021 Direct
holding MGM Common Stock $.01 Par Value ND 36.5K 14 Nov 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 Options Exercise $0 -8.02K -100% $0.00* 0 14 Nov 2021 Common Stock $.01 Par Value ND 8.02K Direct F1
* 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. Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are paid in cash upon settlement.