SEC Form 4 · accession 0001127602-18-008906
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
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 8:37 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 | holding | — | — | — | 203,425 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 23, 2018 | A | 16,217 | A | — | Feb 23, 2021 | Common Stock $.01 Par Value ND | 16,217 | 16,217 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) granted under the Plan. Each RSU represents the right to receive one share of MGM Resorts common stock.
- F2The RSUs are fully vested. Delivery of shares will be made on the third anniversary of the transaction date.