JAMES PHYLLIS 4
4 · MGM Resorts International · Filed Oct 23, 2018
Insider Transaction Report
Form 4
JAMES PHYLLIS
SVP & SENIOR COUNSEL
Transactions
- Award
Restricted Stock Units
2018-10-19+6,754→ 6,754 totalFrom: 2019-10-19Exp: 2022-10-19→ Common Stock $.01 Par Value ND (6,754 underlying)
Holdings
- 28,979
Common Stock $.01 Par Value ND
Footnotes (1)
- [F1]Restricted Stock Units ("RSUs") granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts, during the six-month period ending on June 30, 2019 (the "Measurement Date"). Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date. If such criteria are not met, then the RSUs will automatically expire on the Measurement Date without any shares being issued.