SEC Form 4 · accession 0001127602-17-012234
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Selwood
Officer — EVP - CHIEF ACCOUNTING OFFICER
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 6:27 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 | holding | — | — | — | 97,993 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Mar 15, 2017 | A | 8 | A | Oct 7, 2014 | Oct 7, 2017 | Common Stock $.01 Par Value ND | 8 | 1,982 | D |
| Restricted Stock UnitsF2,F1 | — | Mar 15, 2017 | A | 15 | A | Oct 6, 2015 | Oct 6, 2018 | Common Stock $.01 Par Value ND | 15 | 3,678 | D |
| Restricted Stock UnitsF2,F1 | — | Mar 15, 2017 | A | 33 | A | Oct 5, 2016 | Oct 5, 2019 | Common Stock $.01 Par Value ND | 33 | 8,139 | D |
| Restricted Stock UnitsF2,F1 | — | Mar 15, 2017 | A | 34 | A | Oct 3, 2017 | Oct 3, 2020 | Common Stock $.01 Par Value ND | 34 | 8,410 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date, subject to the terms of the Plan and applicable award agreement.
- F2Dividend 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.