0001127602-20-019993.txt : 20200617
0001127602-20-019993.hdr.sgml : 20200617
20200617195652
ACCESSION NUMBER: 0001127602-20-019993
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200615
FILED AS OF DATE: 20200617
DATE AS OF CHANGE: 20200617
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROUNDS WILLIAM WARWICK
CENTRAL INDEX KEY: 0001574607
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10362
FILM NUMBER: 20970955
MAIL ADDRESS:
STREET 1: 3600 LAS VEGAS BLVD., S.
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MGM Resorts International
CENTRAL INDEX KEY: 0000789570
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011]
IRS NUMBER: 880215232
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3600 LAS VEGAS BLVD S
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
BUSINESS PHONE: 702-693-7120
MAIL ADDRESS:
STREET 1: 3600 LAS VEGAS BLVD S.
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
FORMER COMPANY:
FORMER CONFORMED NAME: MGM MIRAGE
DATE OF NAME CHANGE: 20000823
FORMER COMPANY:
FORMER CONFORMED NAME: MGM GRAND INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: GRAND NAME CO
DATE OF NAME CHANGE: 19870713
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-06-15
0000789570
MGM Resorts International
MGM
0001574607
GROUNDS WILLIAM WARWICK
3600 LAS VEGAS BLVD. SOUTH
LAS VEGAS
NV
89109
1
Common Stock $.01 Par Value ND
10551
D
Restricted Stock Units
2020-06-15
4
A
0
0.674
A
Common Stock $.01 Par Value ND
0.674
5244.674
D
Restricted Stock Units
2020-06-15
4
A
0
1.2914
A
Common Stock $.01 Par Value ND
1.2914
10048.2914
D
Restricted Stock Units ("RSUs") granted under the MGM Resorts International (the "Company") Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). On March 31, 2020, Mr. Grounds voluntarily reduced 75% of his cash compensation for the remainder of 2020 in exchange for a grant of an equivalent value of RSUs. Such RSUs will vest in full on December 31, 2020. Should Mr. Grounds cease serving on the Company's board of directors prior to December 31, 2020 for any reason, the RSUs shall vest on a pro-rata basis.
Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Company's common stock and vest on the same dates and in the same relative proportions as the RSUs on which they
accrue.
RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. Any fractional shares are paid in cash upon settlement.
The RSUs will vest upon the earlier of (i) May 7, 2021 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.
RSUs do not have an expiration date.
Due to a clerical error, the Form 4 filed on May 8, 2020 incorrectly stated that 10,040 RSUs had been granted to the Reporting Person. The actual number of RSUs granted was 10,047. The current holdings have been updated to reflect this correction.
/s/ Andrew Hagopian III, Attorney-In-Fact
2020-06-17