Filing Details

Accession Number:
0000899243-19-016656
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-12 17:03:54
Reporting Period:
2019-06-10
Accepted Time:
2019-06-12 17:03:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
789570 Mgm Resorts International MGM Hotels & Motels (7011) 880215232
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1307631 A. Keith Meister C/O Corvex Management Lp
667 Madison Avenue
New York NY 10065
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-06-10 264,889 $27.58 18,832,239 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2019-06-11 206,353 $27.97 19,038,592 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2019-06-12 165,093 $27.79 19,203,685 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. The purchases reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Corvex Management LP ("Corvex").
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.70 to $27.85, inclusive. The Reporting Person undertakes to provide to MGM Resorts International (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2), (5) and (6) to this Form 4.
  3. These securities are held for the accounts of certain private investment funds for which Corvex acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by the Reporting Person.
  4. For purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.81 to $28.00, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.52 to $28.00, inclusive