Filing Details

Accession Number:
0001127602-17-032500
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-16 19:53:44
Reporting Period:
2017-11-14
Accepted Time:
2017-11-16 19:53:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
789570 Mgm Resorts International MGM Hotels & Motels (7011) 880215232
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1183311 Robert Baldwin 3600 Las Vegas Blvd. South
Las Vegas NV 89109
Chief Customer Dev Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock $.01 Par Value Nd Disposition 2017-11-15 61,600 $32.56 200,179 No 4 S Indirect Robert H. Baldwin Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Robert H. Baldwin Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock $.01 Par Value Nd Restricted Stock Units Acquisiton 2017-11-14 19,482 $0.00 19,482 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,482 2018-11-14 2021-11-14 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock $.01 Par Value Nd 70,049 Direct
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.50 to $32.6621, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  2. Restricted Stock Units ("RSUs") granted under the Plan. Each RSU represents the right to receive, following vesting, one share of MGM Resorts common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts, during the six-month period ending on June 30, 2018 (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.