William Hornbuckle - Oct 4, 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
Oct 4, 2023
Transactions value $
-$248,792
Form type
4
Date filed
10/6/2023, 04:32 PM
Previous filing
Oct 4, 2023
Next filing
Feb 27, 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 +18K +6.2% $0.00 308K Oct 4, 2023 Direct
transaction MGM Common Stock $.01 Par Value ND Tax liability -$249K -7.08K -2.3% $35.16 301K Oct 4, 2023 Direct
holding MGM Common Stock $.01 Par Value ND 173K Oct 4, 2023 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 Options Exercise $0 -18K -33.33% $0.00 36K Oct 4, 2023 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. 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.