COREY IAN SANDERS - 03 Oct 2022 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
03 Oct 2022
Transactions value $
-$114,455
Form type
4
Filing time
05 Oct 2022, 20:43:05 UTC
Previous filing
19 Sep 2022
Next filing
11 Oct 2022
SEC
View on sec.gov

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 +8.84K +3.02% $0.00 301K 04 Oct 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$114K -3.48K -1.15% $32.88 298K 04 Oct 2022 Direct
holding MGM Common Stock $.01 Par Value ND 36.5K 03 Oct 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 Award $0 +49K $0.00 49K 03 Oct 2022 Common Stock $.01 Par Value ND 49K Direct F1
transaction MGM Restricted Stock Units Options Exercise $0 -8.84K -25% $0.00 26.5K 04 Oct 2022 Common Stock $.01 Par Value ND 8.84K 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 (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date. Any fractional shares are paid in cash upon settlement.