4//SEC Filing
Halkyard Jonathan S 4
Accession 0000789570-25-000058
CIK 0000789570other
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 8:30 PM ET
Size
15.7 KB
Accession
0000789570-25-000058
Insider Transaction Report
Form 4
Halkyard Jonathan S
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock $.01 Par Value ND
2025-10-03+16,441→ 115,550 total - Tax Payment
Common Stock $.01 Par Value ND
2025-10-03$33.93/sh−3,537$120,010→ 85,629 total - Exercise/Conversion
Restricted Stock Units
2025-10-03−8,985→ 8,984 totalFrom: 2023-10-03Exp: 2026-10-03→ Common Stock $.01 Par Value ND (8,985 underlying) - Exercise/Conversion
Common Stock $.01 Par Value ND
2025-10-03+8,985→ 89,166 total - Award
Common Stock $.01 Par Value ND
2025-10-03+22,227→ 107,856 total - Tax Payment
Common Stock $.01 Par Value ND
2025-10-03$33.93/sh−8,747$296,786→ 99,109 total - Tax Payment
Common Stock $.01 Par Value ND
2025-10-03$33.93/sh−6,470$219,527→ 109,080 total
Footnotes (3)
- [F1]Represents the vesting of 25,761.77802 performance share units (PSUs) granted on October 3, 2022, under the MGM Resorts International (Company) 2022 Omnibus Incentive Plan (Plan). Each PSU represented the right to receive between 0 and 1.6 shares of Company common stock depending upon the performance of the common stock from the grant date to the date that was three years after the grant date (Vesting Date), relative to a target price of $41.83 (Target Price). The Target Price is equal to 125% of the average closing price of Company common stock over the 60-calendar day period ending on the grant date. The number of shares issued per PSU, 0.8628210 shares, was calculated by dividing the ending average stock price by the Target Price. For this purpose, the ending average stock price is the average closing price of Company common stock over the 60-day period ending on the Vesting Date, as adjusted to include dividends paid during the term of the PSU.
- [F2]Represents the vesting of 24,213.671 PSUs granted on October 3, 2022, under the Plan. The number of shares awarded at the end of the performance period was based upon the Company's three-year total shareholder return (TSR) compared to the TSRs of the constituents of the S&P 500 Index.
- [F3]Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 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.
Documents
Issuer
MGM Resorts International
CIK 0000789570
Entity typeother
Related Parties
1- filerCIK 0001371536
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 8:30 PM ET
- Size
- 15.7 KB