SEC Form 4 · accession 0001127602-15-028883

MGM Resorts International · MGM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CHAIRMAN & CEO · Director

Period of report

Oct 6, 2015

Accepted (ET)

Oct 8, 2015 · 4:37 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 ND	Oct 6, 2015	M	9,862	$0.00	A	65,683	D
Common Stock $.01 Par Value ND	Oct 6, 2015	F	4,138	$20.44	D	61,545	D
Common Stock $.01 Par Value ND	Oct 7, 2015	M	10,629	$0.00	A	72,174	D
Common Stock $.01 Par Value ND	Oct 7, 2015	F	4,459	$20.72	D	67,715	D
Common Stock $.01 Par Value ND	holding	—	—		—	175,329	I	By spousal limited access trusts

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1	—	Oct 6, 2015	M	9,862	D	Oct 6, 2015	Oct 6, 2018	Common Stock $.01 Par Value ND	9,862	29,588	D
Restricted Stock Units^F2	—	Oct 7, 2015	M	10,629	D	Oct 7, 2014	Oct 7, 2017	Common Stock $.01 Par Value ND	10,629	21,259	D

F1Restricted Stock Units ("RSUs") granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts, during the six-month period ending on June 30, 2015 (the "Measurement Date"). Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. If such criteria are not met, then the RSUs will automatically expire on the Measurement Date without any shares being issued.
F2Restricted Stock Units ("RSUs") granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts, during the six-month period ending on June 30, 2014 (the "Measurement Date"). Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. If such criteria are not met, then the RSUs will automatically expire on the Measurement Date without any shares being issued.