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MGM Resorts International — Director's Dealing 2011
Oct 5, 2011
30603_dirs_2011-10-05_d80bdb35-5f5a-415e-b0b7-112be114b023.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MGM Resorts International (MGM)
CIK: 0000789570
Period of Report: 2011-10-03
Reporting Person: MURREN JAMES (Director, CHAIRMAN, CEO & PRESIDENT)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-10-03 | Employee Stock Appreciation Rights | $8.23 | A | 262500 | Acquired | 2018-10-03 | Common Stock $.01 Par Value ND (262500) | Direct |
| 2011-10-03 | Restricted Stock Units | $ | A | 35000 | Acquired | Common Stock $.01 Par Value ND (35000) | Direct |
Footnotes
F1: Stock Appreciation Rights (SARs) granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan (the "Plan"). The SARs will vest in four equal annual installments beginning on October 3, 2012.
F2: Restricted Stock Units (RSUs) granted under the Plan. Each RSU represents the right to receive, following vesting, one share of common stock. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of MGM Resorts International. Provided such criteria are met, the RSUs will vest in four equal annual installments commencing on October 3, 2012.
F3: RSUs do not have an expiration date.