SEC Form 4 · accession 0001127602-17-012022
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roland A Hernandez
Director
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 7:38 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 | Mar 14, 2017 | M | 20,000 | $0.00 | A | 58,845 | D | |
| Common Stock $.01 Par Value ND | Mar 14, 2017 | F | 9,570 | $26.27 | D | 49,275 | D | |
| Common Stock $.01 Par Value ND | Mar 14, 2017 | M | 20,000 | $0.00 | A | 69,275 | D | |
| Common Stock $.01 Par Value ND | Mar 14, 2017 | F | 9,799 | $26.27 | D | 59,476 | D | |
| Common Stock $.01 Par Value NDF1 | Mar 14, 2017 | S | 48,975 | $25.9381 | D | 10,501 | D | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 1,576 | I | By Hernandez Family Living Trust | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 16,404 | I | Roland Hernandez Sep Retirement Account |
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 | $12.57 | Mar 14, 2017 | M | 20,000 | D | Jun 15, 2011 | Jun 15, 2017 | Common Stock $.01 Par Value ND | 20,000 | 0 | D |
| Stock Appreciation Rights | $12.87 | Mar 14, 2017 | M | 20,000 | D | Jun 14, 2012 | Jun 14, 2018 | Common Stock $.01 Par Value ND | 20,000 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.83 to $26.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.