SEC Form 4 · accession 0001127602-18-033503
MGM Resorts International · MGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Hornbuckle
Officer — PRESIDENT
Period of report
Nov 14, 2018
Accepted (ET)
Nov 16, 2018 · 7:09 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 | Nov 14, 2018 | M | 7,724 | $0.00 | A | 7,724 | D | |
| Common Stock $.01 Par Value ND | Nov 14, 2018 | F | 3,041 | $25.94 | D | 4,683 | D | |
| Common Stock $.01 Par Value ND | holding | — | — | — | 200,884 | 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 | — | Nov 14, 2018 | M | 7,724 | D | Nov 14, 2018 | Nov 14, 2021 | Common Stock $.01 Par Value ND | 7,724 | 23,172 | D |
Explanation of responses
- F1Mr. Hornbuckle transferred 78,036 shares to his trust account on October 30, 2018.
- F2Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("MGM Resorts") Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. Any fractional shares were paid in cash upon settlement.