JAMES PHYLLIS 4
4 · MGM Resorts International · Filed Dec 18, 2018
Insider Transaction Report
Form 4
JAMES PHYLLIS
SVP & SENIOR COUNSEL
Transactions
- Award
Restricted Stock Units
2018-12-14+30.63→ 6,784.63 totalFrom: 2019-10-19Exp: 2022-10-19→ Common Stock $.01 Par Value ND (30.63 underlying) - Award
Restricted Stock Units
2018-12-14+8.989→ 1,991.374 totalFrom: 2017-10-03Exp: 2020-10-03→ Common Stock $.01 Par Value ND (8.989 underlying) - Award
Restricted Stock Units
2018-12-14+18.916→ 4,189.916 totalFrom: 2018-11-14Exp: 2021-11-14→ Common Stock $.01 Par Value ND (18.916 underlying) - Award
Restricted Stock Units
2018-12-14+5.801→ 1,284.815 totalFrom: 2016-10-05Exp: 2019-10-05→ Common Stock $.01 Par Value ND (5.801 underlying)
Holdings
- 14,096
Common Stock $.01 Par Value ND
Footnotes (3)
- [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 common stock. Any fractional shares will be paid in cash upon settlement.
- [F2]Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Resorts International's common stock and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
- [F3]RSUs granted under the 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.