SEC Form 4 · accession 0001127602-18-008898
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Hornbuckle
Officer — PRESIDENT
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 8:19 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 NDF1 | holding | — | — | — | 156,559 | I | In trust |
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,F3 | — | Feb 23, 2018 | A | 18,163 | A | — | Feb 23, 2021 | Common Stock $.01 Par Value ND | 18,163 | 18,163 | D |
Explanation of responses
- F1Reflects a correction in the number of shares of common stock reported as beneficially owned by the Reporting Person in prior reports due to an inadvertent error that appeared in the prior reports and that all shares held by the Reporting Person are held indirectly.
- F2Restricted Stock Units (RSUs) granted under the Plan. Each RSU represents the right to receive one share of MGM Resorts common stock.
- F3The RSUs are fully vested. Delivery of shares will be made on the third anniversary of the transaction date.