Filing Details

Accession Number:
0001127602-22-011578
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-05 16:55:40
Reporting Period:
2022-04-01
Accepted Time:
2022-04-05 16:55:40
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
1494424 Ian Corey Sanders 3600 Las Vegas Blvd., S.
Las Vegas NV 89109
Chief Operating Officer 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 2022-04-01 8,855 $0.00 324,655 No 4 M Direct
Common Stock $.01 Par Value Nd Disposition 2022-04-01 3,486 $41.87 321,169 No 4 F Direct
Common Stock $.01 Par Value Nd Disposition 2022-04-01 12,966 $41.85 308,203 No 4 S Direct
Common Stock $.01 Par Value Nd Disposition 2022-04-04 17,034 $42.44 291,169 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
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 Disposition 2022-04-01 8,855 $0.00 8,855 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,710 2021-04-01 2024-04-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock $.01 Par Value Nd 36,465 Indirect By CIS Trust
Footnotes
  1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.45 to $42.36, inclusive. The reporting person undertakes to provide to 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 sold at each separate price within the range.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.00 to $42.71, inclusive. The reporting person undertakes to provide to 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 sold at each separate price within the range.
  4. Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date. Any fractional shares are paid in cash upon settlement.