Home/Filings/4/0001127602-20-025395
4//SEC Filing

SELWOOD ROBERT 4

Accession 0001127602-20-025395

CIK 0000789570other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 7:27 PM ET

Size

15.5 KB

Accession

0001127602-20-025395

Insider Transaction Report

Form 4
Period: 2020-09-15
SELWOOD ROBERT
EVP - Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Units

    2020-09-15+2.20620,945.206 total
    From: 2021-08-18Exp: 2024-08-18Common Stock $.01 Par Value ND (2.206 underlying)
  • Award

    Restricted Stock Units

    2020-09-15+1.66915,848.705 total
    Common Stock $.01 Par Value ND (1.669 underlying)
  • Award

    Restricted Stock Units

    2020-09-15+0.5935,627.249 total
    From: 2018-11-14Exp: 2021-11-14Common Stock $.01 Par Value ND (0.593 underlying)
  • Award

    Restricted Stock Units

    2020-09-15+1.0810,252.944 total
    From: 2019-10-19Exp: 2022-10-19Common Stock $.01 Par Value ND (1.08 underlying)
  • Award

    Restricted Stock Units

    2020-09-15+0.2352,230.13 total
    From: 2017-10-03Exp: 2020-10-03Common Stock $.01 Par Value ND (0.235 underlying)
Holdings
  • Common Stock $.01 Par Value ND

    180,572
Footnotes (4)
  • [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 the Company'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. 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.

Issuer

MGM Resorts International

CIK 0000789570

Entity typeother

Related Parties

1
  • filerCIK 0001182249

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 7:27 PM ET
Size
15.5 KB