COREY IAN SANDERS - 18 Aug 2022 Form 4 Insider Report for MGM Resorts International (MGM)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
18 Aug 2022
Transactions value $
-$284,533
Form type
4
Filing time
22 Aug 2022, 17:53:18 UTC
Previous filing
04 Aug 2022
Next filing
19 Sep 2022

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 +20.3K +7.24% $0.00 301K 18 Aug 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$285K -7.99K -2.66% $35.62 293K 18 Aug 2022 Direct
holding MGM Common Stock $.01 Par Value ND 36.5K 18 Aug 2022 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 -20.3K -33.33% $0.00 40.6K 18 Aug 2022 Common Stock $.01 Par Value ND 20.3K 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.