Home/Filings/4/0001181431-09-020964
4//SEC Filing

KERKORIAN KIRK 4

Accession 0001181431-09-020964

CIK 0000789570other

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 5:12 PM ET

Size

8.2 KB

Accession

0001181431-09-020964

Insider Transaction Report

Form 4
Period: 2009-04-23
TRACINDA CORP
10% Owner
Transactions
  • Other

    Employee Stock Appreciation Right

    2009-04-23400,0000 total
    Exp: 2014-01-31Common Stock (400,000 underlying)
Transactions
  • Other

    Employee Stock Appreciation Right

    2009-04-23400,0000 total
    Exp: 2014-01-31Common Stock (400,000 underlying)
Footnotes (2)
  • [F1]The SAR Value shall be the difference between the (i) weighted average price per share of MGM Common Stock, as reported on the NYSE on the Valuation Date, and (ii) the SAR Price ($5.00), multiplied by the number of vested shares for which the SAR Value is being determined for such Valuation Date(s).
  • [F2]Grant by Tracinda Corporation of stock appreciation right ("SAR") to receive cash with respect to 400,000 shares of common stock of MGM MIRAGE held by Tracinda Corporation, vesting with respect to 100,000 shares of each of February 1,2010, 2011, 2012 and 2013, to an employee of Tracinda Corporation as partial compensation for services to Tracinda Corporation. Unexercised vested SARs (200,000) as of January 31, 2012 will be valued and paid on that date and reload SARs issued which will be immediately vested and otherwise subject to the original terms. Ownership of the common stock is retained directly by Tracinda Corporation and indirectly by Kirk Kerkorian who owns all of the outstanding shares of common stock of Tracinda Corporation.

Issuer

MGM MIRAGE

CIK 0000789570

Entity typeother
IncorporatedNV

Related Parties

1
  • filerCIK 0000898686

Filing Metadata

Form type
4
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 5:12 PM ET
Size
8.2 KB