SEC Form 4 · accession 0001127602-18-008900
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Murren
Officer — CHAIRMAN & CEO · Director
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 8:33 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 | — | — | — | 312,924 | D | ||
| Common Stock $.01 Par Value NDF1 | holding | — | — | — | 481,960 | I | By Grantor Retained Annuity Trust | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 175,329 | I | By spousal limited access trusts |
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 | 35,065 | A | — | Feb 23, 2021 | Common Stock $.01 Par Value ND | 35,065 | 35,065 | D |
Explanation of responses
- F1Reflects a transfer of 121,559 shares from the Reporting Person's Indirect to Direct holdings on December 28, 2017.
- 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.