John McManus - 04 Oct 2023 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CHIEF LEGAL ADMIN OFC AND SECY
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
04 Oct 2023
Transactions value $
-$54,463
Form type
4
Filing time
06 Oct 2023, 16:34:04 UTC
Previous filing
04 Oct 2023
Next filing
14 Dec 2023
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 +3.93K +4.84% $0.00 85.2K 04 Oct 2023 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$54.5K -1.55K -1.82% $35.16 83.7K 04 Oct 2023 Direct

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 -3.93K -33.33% $0.00 7.87K 04 Oct 2023 Common Stock $.01 Par Value ND 3.93K 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. 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.