SEC Form 4 · accession 0001127602-17-027347
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Baldwin
Officer — CHIEF CUSTOMER DEV OFFICER · Director
Period of report
Sep 11, 2017
Accepted (ET)
Sep 12, 2017 · 6:14 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 | Sep 11, 2017 | M | 112,500 | $0.00 | A | 145,105 | D | |
| Common Stock $.01 Par Value ND | Sep 11, 2017 | F | 63,321 | $33.33 | D | 81,784 | D | |
| Common Stock $.01 Par Value NDF1 | Sep 11, 2017 | S | 49,179 | $33.1327 | D | 32,605 | D | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 261,779 | I | Robert H. Baldwin Trust |
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 | $8.23 | Sep 11, 2017 | M | 112,500 | D | Oct 3, 2012 | Oct 3, 2018 | Common Stock $.01 Par Value ND | 112,500 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.02 to $33.28, 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.