SEC Form 4 · accession 0001127602-16-043250
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Leo Mandekic
Director
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 6:46 pm EST
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 | Feb 22, 2016 | M | 20,000 | $0.00 | A | 22,000 | D | |
| Common Stock $.01 Par Value ND | Feb 22, 2016 | F | 8,643 | $18.79 | D | 13,357 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $8.12 | Feb 22, 2016 | M | 20,000 | D | Aug 4, 2010 | Aug 4, 2016 | Common Stock $.01 Par Value ND | 20,000 | 0 | D |
| Deferred Stock UnitsF1 | — | holding | — | — | — | — | — | Common Stock $.01 Par Value ND | 28,344 | 28,344 | D |
Explanation of responses
- F1Represents 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.