SEC Form 4 · accession 0001127602-17-018534
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Corey Ian Sanders
Officer — CHIEF OPERATING OFFICER
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 6:26 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 | May 15, 2017 | M | 50,000 | $0.00 | A | 210,558 | D | |
| Common Stock $.01 Par Value ND | May 15, 2017 | F | 28,559 | $31.50 | D | 181,999 | D | |
| Common Stock $.01 Par Value NDF1 | May 15, 2017 | S | 21,441 | $31.6016 | D | 160,558 | D | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 11,474 | I | By CIS Trust |
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 Rights | $8.23 | May 15, 2017 | M | 50,000 | D | Oct 3, 2012 | Oct 3, 2018 | Common Stock $.01 Par Value ND | 50,000 | 37,500 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.50 to $31.695, 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.