0001127602-23-023094.txt : 20230822 0001127602-23-023094.hdr.sgml : 20230822 20230822181530 ACCESSION NUMBER: 0001127602-23-023094 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230818 FILED AS OF DATE: 20230822 DATE AS OF CHANGE: 20230822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McManus John CENTRAL INDEX KEY: 0001440053 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10362 FILM NUMBER: 231194751 MAIL ADDRESS: STREET 1: 3600 LAS VEGAS BLVD, S. STREET 2: EXECUTIVE OFFICES CITY: LAS VEGAS STATE: NV ZIP: 89119 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 X0508 4 2023-08-18 0000789570 MGM Resorts International MGM 0001440053 McManus John 3600 LAS VEGAS BLVD. SOUTH LAS VEGAS NV 89109 1 CHIEF LEGAL ADMIN OFC AND SECY 0 Common Stock $.01 Par Value ND 2023-08-18 4 M 0 8358 0 A 40641 D Common Stock $.01 Par Value ND 2023-08-18 4 F 0 3290 42.54 D 37351 D Common Stock $.01 Par Value ND 2023-08-18 4 A 0 33686 0 A 71037 D Common Stock $.01 Par Value ND 2023-08-18 4 F 0 13256 42.54 D 57781 D Common Stock $.01 Par Value ND 2023-08-18 4 A 0 31449 0 A 89230 D Common Stock $.01 Par Value ND 2023-08-18 4 F 0 12376 42.54 D 76854 D Restricted Stock Units 2023-08-18 4 M 0 8358 0 D 2021-08-18 2024-08-18 Common Stock $.01 Par Value ND 8358 8359 D Represents the vesting of 21,054.07518 performance share units (PSUs) granted on August 18, 2020, 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 three years after the grant date (Vesting Date), relative to a target price of $21.85 (the 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, 1.6 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 20,966.01213 PSUs granted on August 18, 2020, 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. Restricted Stock Units ("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. /s/ Jessica Cunningham, Attorney-In-Fact 2023-08-22