SEC Form 4 · accession 0001127602-16-068720
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Hornbuckle
Officer — PRESIDENT
Period of report
Nov 29, 2016
Accepted (ET)
Nov 30, 2016 · 8:06 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 | Nov 29, 2016 | M | 112,500 | $0.00 | A | 135,141 | D | |
| Common Stock $.01 Par Value ND | Nov 29, 2016 | S | 46,772 | $29.00 | D | 22,641 | D | |
| Common Stock $.01 Par Value ND | Nov 29, 2016 | F | 65,728 | $29.00 | D | 69,413 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Appreciation RightsF1 | $8.23 | Nov 29, 2016 | M | 112,500 | D | Oct 3, 2012 | Oct 3, 2018 | Common Stock $.01 Par Value ND | 112,500 | 0 | D |
Explanation of responses
- F1Stock Appreciation Rights ("SARs") granted under the Plan. The SARs will vest in four equal annual installments beginning on the first anniversary of the grant date.