SEC Form 4/A · accession 0001127602-15-021490
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
William A Bible
Director
Period of report
May 28, 2015
Accepted (ET)
Jun 26, 2015 · 7:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789570
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $.01 Par Value NDF1 | May 28, 2015 | M | 2,358 | $0.00 | A | 11,337 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | May 28, 2015 | M | 3,538 | A | — | — | Common Stock $.01 Par Value ND | 3,538 | 17,007 | D |
| Restricted Stock UnitsF1,F3,F4,F5 | — | May 28, 2015 | M | 3,538 | D | Jun 5, 2015 | — | Common Stock $.01 Par Value ND | 3,538 | 2,358 | D |
| Restricted Stock UnitsF1,F3,F4,F5 | — | May 28, 2015 | M | 2,358 | D | Jun 5, 2015 | — | Common Stock $.01 Par Value ND | 2,358 | 0 | D |
Explanation of responses
- F1Correction of an administrative error to reflect that 60% of the 5,896 Restricted Stock Units which vested on May 28, 2015 were deferred pursuant to the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors, not 70% as reported in the reporting person's original Form 4 for this transaction.
- F2Represents Deferred Stock Units under the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors. Each Deferred Stock Unit is the economic equivalent of one share of common stock. The Deferred Stock Units become payable upon the reporting person's temination of service as a Director.
- F3Restricted Stock Units (RSUs) granted under MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Common Stock.
- F4The RSUs will vest upon the earlier of (i) June 5, 2015 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement. The RSUs accordingly vested on the date of the issuer's annual meeting, May 28, 2015.
- F5RSUs do not have an expiration date.