Initial Statement of Beneficial Ownership (3)
November 17 2020 - 6:31AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Meinert Todd |
2. Date of Event Requiring Statement (MM/DD/YYYY)
11/6/2020
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3. Issuer Name and Ticker or Trading Symbol
MGM Resorts International [MGM]
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(Last)
(First)
(Middle)
3600 LAS VEGAS BLVD. SOUTH |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) SVP Financial Reporting / |
(Street)
LAS VEGAS, NV 89109
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock $.01 Par Value ND | 14108 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units (1) | 11/14/2018 (2) | 11/14/2021 (2) | Common Stock $.01 Par Value ND | 3155.4573 | (1) | D | |
Restricted Stock Units (1) | 10/19/2019 (2) | 10/19/2022 (2) | Common Stock $.01 Par Value ND | 3833 | (1) | D | |
Restricted Stock Units (1) | 10/7/2020 (2) | 10/7/2023 (2) | Common Stock $.01 Par Value ND | 5521 | (1) | D | |
Restricted Stock Units (1) | 8/18/2021 (2) | 8/18/2024 (2) | Common Stock $.01 Par Value ND | 9397.9896 | (1) | D | |
Employee Stock Appreciation Rights (3) | 10/6/2015 | 10/6/2021 | Common Stock $.01 Par Value ND | 4243 | $22.18 | D | |
Employee Stock Appreciation Rights (3) | 10/5/2016 | 10/5/2022 | Common Stock $.01 Par Value ND | 7180 | $20.30 | D | |
Employee Stock Appreciation Rights (3) | 10/3/2017 | 10/3/2023 | Common Stock $.01 Par Value ND | 12490 | $26.19 | D | |
Explanation of Responses: |
(1) | Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. 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. Any fractional shares are paid in cash upon settlement. |
(2) | The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date. |
(3) | Stock Appreciation Rights ("SARs") granted under Plan. The SARs vested in four equal annual installments commencing on the first anniversary of the grant date. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Meinert Todd 3600 LAS VEGAS BLVD. SOUTH LAS VEGAS, NV 89109 |
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| SVP Financial Reporting |
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Signatures
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/s/ Jessica Cunningham, Attorney-In-Fact | | 11/16/2020 |
**Signature of Reporting Person | Date |
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