SEC Form 4 · accession 0001127602-16-054900
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Bible
Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 7, 2016 · 4:33 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 | Jun 7, 2016 | M | 5,000 | $0.00 | A | 19,581 | D | |
| Common Stock $.01 Par Value ND | Jun 7, 2016 | F | 2,500 | $24.90 | D | 17,081 | 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 | $12.45 | Jun 7, 2016 | M | 5,000 | D | Mar 24, 2011 | Mar 24, 2017 | Common Stock $.01 Par Value ND | 5,000 | 0 | D |
| Deferred Stock UnitsF1 | — | holding | — | — | — | — | — | Common Stock $.01 Par Value ND | 22,244 | 22,244 | 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.