SEC Form 4 · accession 0001174922-18-000069
WYNN RESORTS LTD · WYNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Maddox
Officer — CEO and President
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001174922
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Apr 17, 2018 | A | 50,000 | $0.00 | A | 384,654 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares of common stock, par value $0.01 per share of Wynn Resorts, Limited (the "Company") granted pursuant to the Company's 2014 Omnibus Incentive Plan. Vesting of 60% of the shares is based on achievement of pre-established financial performance goals over each of the next three years, and vesting of one-half of the remaining 40% is conditioned on continued service through March 1, 2022 and 2023, respectively; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.