William Hornbuckle - Jan 26, 2023 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
Jan 26, 2023
Transactions value $
-$4,920,048
Form type
4
Date filed
1/27/2023, 06:14 PM
Previous filing
Dec 19, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGM Common Stock $.01 Par Value ND Sale -$4.92M -120K -29.79% $41.00 283K Jan 26, 2023 In trust F1, F2, F3
holding MGM Common Stock $.01 Par Value ND 50.5K Jan 26, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.08, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 On April 13, 2022 and December 8, 2022, the reporting person transferred 175,885 shares and 94,293 shares, respectively, from his direct holdings into his trust.