William Hornbuckle - Oct 3, 2022 Form 4 Insider Report for MGM Resorts International (MGM)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGM
Transactions as of
Oct 3, 2022
Transactions value $
-$232,626
Form type
4
Date filed
10/5/2022, 08:13 PM
Previous filing
Sep 19, 2022
Next filing
Oct 11, 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 +18K +6.75% $0.00 284K Oct 4, 2022 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$233K -7.08K -2.49% $32.88 277K Oct 4, 2022 Direct
holding MGM Common Stock $.01 Par Value ND 133K Oct 3, 2022 In 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 +131K $0.00 131K Oct 3, 2022 Common Stock $.01 Par Value ND 131K Direct F1
transaction MGM Restricted Stock Units Options Exercise $0 -18K -25% $0.00 53.9K Oct 4, 2022 Common Stock $.01 Par Value ND 18K 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.