SELWOOD ROBERT 4

Accession 0001127602-20-020015

CIK 0000789570other

View on SEC.gov Company Profile

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 8:20 PM ET

Size

16.3 KB

Accession

0001127602-20-020015

Insider Transaction Report

Form 4

Period: 2020-06-15

MGM Resorts InternationalMGM

SELWOOD ROBERT

EVP - Chief Accounting Officer

Transactions

Award
Restricted Stock Units
2020-06-15+1.687→ 13,122.753 total
From: 2020-10-07Exp: 2023-10-07→ Common Stock $.01 Par Value ND (1.687 underlying)
Award
Restricted Stock Units
2020-06-15+0.287→ 2,229.895 total
From: 2017-10-03Exp: 2020-10-03→ Common Stock $.01 Par Value ND (0.287 underlying)
Award
Restricted Stock Units
2020-06-15+1.318→ 10,251.864 total
From: 2019-10-19Exp: 2022-10-19→ Common Stock $.01 Par Value ND (1.318 underlying)
Award
Restricted Stock Units
2020-06-15+0.723→ 5,626.657 total
From: 2018-11-14Exp: 2021-11-14→ Common Stock $.01 Par Value ND (0.723 underlying)
Award
Restricted Stock Units
2020-06-15+2.037→ 15,847.037 total
→ Common Stock $.01 Par Value ND (2.037 underlying)

Holdings

Common Stock $.01 Par Value ND
180,572

Footnotes (5)

[F1]Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are 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 Company common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date.
[F4]RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of the Company, during the six-month period ending on June 30, 2020 (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.
[F5]Restricted Stock Units ("RSUs") granted under the Plan. On March 30, 2020, the Reporting Person voluntarily reduced the cash amount of his base salary for the remainder of 2020 by 50% in exchange for a grant of an equivalent value of RSUs. Such RSUs will vest and be paid in full on December 31, 2020. Should the Reporting Person leave his employment for any reason prior to December 27, 2020, the last day of his final pay period in 2020, the RSUs shall vest and become payable on a pro-rata basis.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

MGM Resorts International

CIK 0000789570

→

Entity typeother

Related Parties

filerCIK 0001182249

Filing Metadata

Form type: 4
Filed: Jun 16, 8:00 PM ET
Accepted: Jun 17, 8:20 PM ET
Size: 16.3 KB

View on SEC.gov