Jonathan S. Halkyard - 23 Feb 2024 Form 4 Insider Report for MGM Resorts International (MGM)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGM
Transactions as of
23 Feb 2024
Transactions value $
-$95,933
Form type
4
Filing time
27 Feb 2024, 16:30:24 UTC
Previous filing
02 Feb 2024
Next filing
11 Jun 2024

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 +3,174 +13% $0 27,642 23 Feb 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$50,031 -1,175 -4.3% $42.58 26,467 23 Feb 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Options Exercise $0 +2,910 +11% $0 29,377 24 Feb 2024 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$45,901 -1,078 -3.7% $42.58 28,299 24 Feb 2024 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 -3,174 -25% $0 9,521 23 Feb 2024 Common Stock $.01 Par Value ND 3,174 Direct F1, F2
transaction MGM Restricted Stock Units Options Exercise $0 -2,910 -33% $0 5,819 24 Feb 2024 Common Stock $.01 Par Value ND 2,910 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. Each RSU represents the right to receive one share of Company common stock. Any fractional shares are paid in cash upon settlement.
F2 The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date.