0001127602-22-023864.txt : 20221011
0001127602-22-023864.hdr.sgml : 20221011
20221011201338
ACCESSION NUMBER: 0001127602-22-023864
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221007
FILED AS OF DATE: 20221011
DATE AS OF CHANGE: 20221011
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HORNBUCKLE WILLIAM
CENTRAL INDEX KEY: 0001183302
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10362
FILM NUMBER: 221305253
MAIL ADDRESS:
STREET 1: 3600 LAS VEGAS BOULEVARD SOUTH
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
2022-10-07
0000789570
MGM Resorts International
MGM
0001183302
HORNBUCKLE WILLIAM
3600 LAS VEGAS BLVD., S.
LAS VEGAS
NV
89109
1
1
CEO AND PRESIDENT
Common Stock $.01 Par Value ND
2022-10-07
4
A
0
35977
0
A
313103
D
Common Stock $.01 Par Value ND
2022-10-07
4
F
0
14157
32.68
D
298946
D
Common Stock $.01 Par Value ND
2022-10-07
4
A
0
25121
0
A
324067
D
Common Stock $.01 Par Value ND
2022-10-07
4
F
0
9886
32.68
D
314181
D
Common Stock $.01 Par Value ND
132603
I
In trust
Represents the vesting of 37,369.1651 performance share units (PSUs) granted on 10/7/2019 under the MGM Resorts International (Company) Amended and Restated 2005 Omnibus Incentive Plan (Plan). Each PSU represented the right to receive between 0 and 1.6 shares of Company common stock depending upon the performance of the common stock from the grant date to the date that was 3 years after the grant date (Vesting Date), relative to a target price of $35.34 (Target Price). The Target Price is equal to 125% of the average closing price of Company common stock over the 60-calendar day period ending on the grant date. The number of shares issued per PSU, 0.96275 shares, was calculated by dividing the ending average stock price by the Target Price. For this purpose, the ending average stock price is the average closing price of Company common stock over the 60-day period ending on the Vesting Date, as adjusted to include dividends paid during the term of the PSU.
Represents the vesting of 30,606.281 PSUs granted on October 7, 2019 under the Plan. The number of shares awarded at the end of the performance period was based upon the Company's three-year total shareholder return (TSR) compared to the TSRs of the constituents of the S&P 500 Index.
/s/ Jessica Cunningham, Attorney-In-Fact
2022-10-11