ARPIN RICKY EDWARD 4
4 · MGM Resorts International · Filed Oct 5, 2011
Insider Transaction Report
Form 4
ARPIN RICKY EDWARD
SVP and Corporate Controller
Transactions
- Award
Restricted Stock Units
2011-10-03+2,500→ 2,500 totalFrom: 2012-10-03→ Common Stock $.01 Par Value ND (2,500 underlying) - Award
Employee Stock Appreciation Rights
2011-10-03+18,750→ 18,750 totalExercise: $8.23From: 2012-10-03Exp: 2018-10-03→ Common Stock $.01 Par Value ND (18,750 underlying)
Footnotes (3)
- [F1]Stock Appreciation Rights (SARs) granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). The SARs will vest in four equal annual installments beginning on October 3, 2012.
- [F2]Restricted Stock Units (RSUs) granted under the Plan. Each RSU represents the right to receive, following vesting, one share of common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts International. Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on October 3, 2012.
- [F3]RSUs do not have an expiration date.