SEC Form 4 · accession 0001127602-18-033525
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
Nov 14, 2018
Accepted (ET)
Nov 16, 2018 · 7:25 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 | Nov 14, 2018 | M | 7,724 | $0.00 | A | 298,749 | D | |
| Common Stock $.01 Par Value ND | Nov 14, 2018 | F | 3,041 | $25.94 | D | 295,708 | 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 | — | 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
- F1Restricted 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.