ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

MGM MGM Resorts International

40.296
-1.31 (-3.16%)
Last Updated: 17:10:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
MGM Resorts International NYSE:MGM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.31 -3.16% 40.296 41.30 40.16 41.27 1,973,775 17:10:22

Statement of Changes in Beneficial Ownership (4)

18/03/2020 10:56pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SELWOOD ROBERT
2. Issuer Name and Ticker or Trading Symbol

MGM Resorts International [ MGM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP - CHIEF ACCOUNTING OFFICER
(Last)          (First)          (Middle)

3600 LAS VEGAS BLVD. SOUTH
3. Date of Earliest Transaction (MM/DD/YYYY)

3/16/2020
(Street)

LAS VEGAS, NV 89109
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $.01 Par Value ND         180572 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)3/16/2020  A   32.1458    10/3/2017 10/3/2020 Common Stock $.01 Par Value ND 32.1458  (2)2229.6086 D  
Restricted Stock Units  (1)3/16/2020  A   81.1433    11/14/2018 11/14/2021 Common Stock $.01 Par Value ND 81.1433  (2)5625.9336 D  
Restricted Stock Units  (3)3/16/2020  A   147.8444    10/19/2019 10/19/2022 Common Stock $.01 Par Value ND 147.8444  (2)10250.5467 D  
Restricted Stock Units  (4)3/16/2020  A   189.2462    10/7/2020 10/7/2023 Common Stock $.01 Par Value ND 189.2462  (2)13121.0665 D  

Explanation of Responses:
(1) Restricted Stock Units ("RSUs") granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of common stock. Any fractional shares are paid in cash upon settlement.
(2) 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.
(3) RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date.
(4) Restricted Stock Units ("RSUs") granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of MGM Resorts International common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts International, 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SELWOOD ROBERT
3600 LAS VEGAS BLVD. SOUTH
LAS VEGAS, NV 89109


EVP - CHIEF ACCOUNTING OFFICER

Signatures
/s/ Andrew Hagopian III, Attorney-In-Fact3/18/2020
**Signature of Reporting PersonDate

1 Year MGM Resorts Chart

1 Year MGM Resorts Chart

1 Month MGM Resorts Chart

1 Month MGM Resorts Chart

Your Recent History

Delayed Upgrade Clock