SEC Form 4 · accession 0001127602-18-021513

MGM Resorts International · MGM

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

Reporting owner

Officer — CHAIRMAN & CEO · Director

Period of report

Jun 15, 2018

Accepted (ET)

Jun 19, 2018 · 8:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000789570

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock $.01 Par Value ND	holding	—	—	—	395,435	D
Common Stock $.01 Par Value ND	holding	—	—	—	481,960	I	By Grantor Retained Annuity Trust
Common Stock $.01 Par Value ND	holding	—	—	—	175,329	I	By spousal limited access trusts

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F1	—	Jun 15, 2018	A	39	A	Oct 6, 2015	Oct 6, 2018	Common Stock $.01 Par Value ND	39	10,077	D
Restricted Stock Units^F2,F1	—	Jun 15, 2018	A	126	A	Oct 5, 2016	Oct 5, 2019	Common Stock $.01 Par Value ND	126	33,029	D
Restricted Stock Units^F2,F1	—	Jun 15, 2018	A	152	A	Oct 3, 2017	Oct 3, 2020	Common Stock $.01 Par Value ND	152	39,771	D
Restricted Stock Units^F2,F1	—	Jun 15, 2018	A	283	A	Nov 14, 2018	Nov 14, 2021	Common Stock $.01 Par Value ND	283	73,833	D
Restricted Stock Units^F2,F3,F4	—	Jun 15, 2018	A	135	A	—	Feb 23, 2021	Common Stock $.01 Par Value ND	135	35,318	D
Restricted Stock Units^F2,F5	—	Jun 15, 2018	A	299	A	—	—	Common Stock $.01 Par Value ND	299	78,020	D

F1Restricted Stock Units ("RSUs") granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date, subject to the terms of the Plan and applicable award agreement.
F2Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Resorts International's common stock and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F3RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock.
F4The RSUs are fully vested. Delivery of shares will be made on the third anniversary of the grant date.
F5The RSUs cliff vest on December 31, 2021, with delivery automatically deferred until Mr. Murren's separation from the Company (unless such separation is determined to have been for Employer's Good Cause, as defined in his employment agreement), and are subject to automatic forfeiture in the event of Mr. Murren's termination for any reason prior to December 31, 2021.