MATHUR PUNAM 4
4 · MGM MIRAGE · Filed Feb 25, 2005
Insider Transaction Report
Form 4
MGM MIRAGEMGG
MATHUR PUNAM
SENIOR VICE PRESIDENT
Transactions
- Sale
Common Stock $.01 Par Value ND
2005-02-24$74.90/sh−850$63,665→ 3,000 total - Exercise/Conversion
Emp Stk Option (Right to Buy)
2005-02-24−1,850→ 16,000 totalExercise: $25.48From: 2004-02-27Exp: 2013-02-27→ Common Stock $.01 Par Value ND (1,850 underlying) - Exercise/Conversion
Common Stock $.01 Par Value ND
2005-02-24$25.48/sh+1,850$47,138→ 4,850 total - Sale
Common Stock $.01 Par Value ND
2005-02-24$74.80/sh−1,000$74,800→ 3,850 total
Footnotes (2)
- [F1]The shares under this grant are subject to certain restrictions contained in a Restricted Stock Agreement dated as of June 3, 2002 between MGM MIRAGE and the issuee of the shares. The issuee is eligible for 50% of the shares upon completion of three years of employment with the company from the date of the Agreement and is eligible for 100% of the shares upon completion of four years of employment with the company from the date of the Agreement.
- [F2]Options granted under MGM MIRAGE Employee Stock Option Plan. Vesting plan calls for options to become exercisable in equal 20% yearly amounts over a period of five years commencing on 2/27/04.