4//SEC Filing
Meinert Todd 4
Accession 0000789570-25-000061
CIK 0000789570other
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 8:47 PM ET
Size
17.6 KB
Accession
0000789570-25-000061
Insider Transaction Report
Form 4
Meinert Todd
SVP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock $.01 Par Value ND
2025-10-03+1,388→ 20,562 total - Tax Payment
Common Stock $.01 Par Value ND
2025-10-04$33.93/sh−206$6,990→ 24,326 total - Exercise/Conversion
Restricted Stock Units
2025-10-04−843→ 0 totalFrom: 2022-10-04Exp: 2025-10-04→ Common Stock $.01 Par Value ND (843 underlying) - Tax Payment
Common Stock $.01 Par Value ND
2025-10-03$33.93/sh−338$11,468→ 20,224 total - Tax Payment
Common Stock $.01 Par Value ND
2025-10-03$33.93/sh−1,116$37,866→ 23,689 total - Exercise/Conversion
Common Stock $.01 Par Value ND
2025-10-04+843→ 24,532 total - Award
Common Stock $.01 Par Value ND
2025-10-03+4,581→ 24,805 total - Exercise/Conversion
Restricted Stock Units
2025-10-03−1,388→ 1,389 totalFrom: 2023-10-03Exp: 2026-10-03→ Common Stock $.01 Par Value ND (1,388 underlying)
Footnotes (3)
- [F1]Represents the vesting of 5,309.36644 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]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.
- [F3]RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will 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 0001832044
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 8:47 PM ET
- Size
- 17.6 KB