Filing Details
- Accession Number:
- 0001174922-24-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-11 19:01:21
- Reporting Period:
- 2024-01-09
- Accepted Time:
- 2024-01-11 19:01:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1174922 | Wynn Resorts Ltd | WYNN | Hotels & Motels (7011) | 460484987 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1699174 | Scott Craig Billings | C/O Wynn Resorts, Limited 3131 Las Vegas Boulevard South Las Vegas NV 89109 | Ceo | 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, Par Value $0.01 Per Share | Acquisiton | 2024-01-09 | 28,868 | $0.00 | 276,281 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2024-01-09 | 11,451 | $95.26 | 264,830 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2024-01-09 | 38,737 | $0.00 | 303,567 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2024-01-09 | 25,825 | $0.00 | 329,392 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 | Performance Share Units | Acquisiton | 2024-01-09 | 21,521 | $0.00 | 0 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,521 | 2027-01-01 | 2027-01-01 | No | 4 | A | Direct |
Footnotes
- Shares of common stock, par value $0.01 per share, of Wynn Resorts, Limited (the "Company") granted pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan (the "Plan"), which shares vested immediately upon grant.
- Shares withheld to satisfy tax withholding obligation upon vesting of immediately vested stock granted on January 9, 2024.
- Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is conditioned on continued service through January 9, 2027, with 1/3 of the shares vesting on each of the three consecutive anniversary dates from the date of grant; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.
- Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2024, 2025 and 2026, and if met, 1/3 of the shares will vest on each of the dates of February 28, 2025, 2026 and 2027; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.
- Represents the grant of performance share units ("PSUs") pursuant to the Plan. Each PSU represents the right to receive between 0 and 1.6 shares of Company common stock depending on the performance of the common stock from January 1, 2024 to January 1, 2027 (the "Vesting Date"), with such performance determined as the multiple of the volume-weighted average closing price of Company common stock over the 60 trading days preceding the Vesting Date, as adjusted to include dividends paid during the term of the PSU, to the volume-weighted average closing price of Company common stock over the 60 trading days preceding January 1, 2024.
Billionaire Hedge Funds
