SEC Form 4 · accession 0001127602-17-012231
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Kilroy Jr.
Director
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 6:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789570
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F2,F3 | — | Mar 15, 2017 | A | 11 | A | Jan 11, 2018 | — | Common Stock $.01 Par Value ND | 11 | 2,595 | D |
Explanation of responses
- F1RSUs granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Common Stock.
- F2The RSUs will vest upon the earlier of (i) January 11, 2018 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.
- F3Restricted Stock Units (RSUs) do not have an expiration date.
- F4Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Resorts International's common stock. The additional RSUs being reported reflect dividend equivalent rights at $26.82 per RSU credited to the reporting person's account on 3/15/2017.