0001174922-24-000004.txt : 20240111
0001174922-24-000004.hdr.sgml : 20240111
20240111190121
ACCESSION NUMBER: 0001174922-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240109
FILED AS OF DATE: 20240111
DATE AS OF CHANGE: 20240111
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Billings Craig Scott
CENTRAL INDEX KEY: 0001699174
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50028
FILM NUMBER: 24530281
MAIL ADDRESS:
STREET 1: C/O WYNN RESORTS, LIMITED
STREET 2: 3131 LAS VEGAS BOULEVARD SOUTH
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WYNN RESORTS LTD
CENTRAL INDEX KEY: 0001174922
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 460484987
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
BUSINESS PHONE: 7027707555
MAIL ADDRESS:
STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
4
1
wk-form4_1705017668.xml
FORM 4
X0508
4
2024-01-09
0
0001174922
WYNN RESORTS LTD
WYNN
0001699174
Billings Craig Scott
C/O WYNN RESORTS, LIMITED
3131 LAS VEGAS BOULEVARD SOUTH
LAS VEGAS
NV
89109
1
1
0
0
CEO
0
Common Stock, par value $0.01 per share
2024-01-09
4
A
0
28868
0
A
276281
D
Common Stock, par value $0.01 per share
2024-01-09
4
S
0
11451
95.26
D
264830
D
Common Stock, par value $0.01 per share
2024-01-09
4
A
0
38737
0
A
303567
D
Common Stock, par value $0.01 per share
2024-01-09
4
A
0
25825
0
A
329392
D
Performance Share Units
0
2024-01-09
4
A
0
21521
0
A
2027-01-01
2027-01-01
Common Stock, par value $0.01
21521
D
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.
/s/ Nicholas Pannucci, attorney-in-fact for Craig Scott Billings
2024-01-11