Filing Details

Accession Number:
0001127602-20-012482
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-04-01 19:52:33
Reporting Period:
2020-03-30
Accepted Time:
2020-04-01 19:52:33
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
1183302 William Hornbuckle 3600 Las Vegas Blvd., S.
Las Vegas NV 89109
President And Acting Ceo No Yes 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 $.01 Par Value Nd Acquisiton 2020-03-30 8,500 $11.76 8,500 No 4 P Indirect By Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Spouse
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock $.01 Par Value Nd Restricted Stock Units Acquisiton 2020-03-30 60,679 $11.53 60,679 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
60,679 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock $.01 Par Value Nd 227,884 Indirect In trust
Common Stock $.01 Par Value Nd 148,730 Direct
Footnotes
  1. Restricted Stock Units ("RSUs") granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan. On March 30, 2020, Mr. Hornbuckle voluntarily reduced the cash amount of his base salary for the remainder of 2020 by 100% in exchange for a grant of an equivalent value of RSUs. Such RSUs will vest and be paid in full on December 31, 2020. Should Mr. Hornbuckle leave his employment prior to December 27, 2020, the last day of his final pay period in 2020, for any reason, the RSUs shall vest and become payable on a pro-rata basis.