SEC Form 4 · accession 0001127602-17-032500

MGM Resorts International · MGM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CHIEF CUSTOMER DEV OFFICER · Director

Period of report

Nov 14, 2017

Accepted (ET)

Nov 16, 2017 · 7:53 pm EST

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^F1	Nov 15, 2017	S	61,600	$32.5579	D	200,179	I	Robert H. Baldwin Trust
Common Stock $.01 Par Value ND	holding	—	—		—	70,049	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2	—	Nov 14, 2017	A	19,482	A	Nov 14, 2018	Nov 14, 2021	Common Stock $.01 Par Value ND	19,482	19,482	D

F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.50 to $32.6621, 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.
F2Restricted 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 are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts, during the six-month period ending on June 30, 2018 (the "Measurement Date"). Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. If such criteria are not met, then the RSUs will automatically expire on the Measurement Date without any shares being issued.