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MGM Resorts International Director's Dealing 2021

Dec 17, 2021

30603_dirs_2021-12-17_90f605fc-7899-40b0-96bb-f515f88e3732.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: 2021-12-15

Reporting Person: Meister Keith A. (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-15 Deferred Stock Units $ A 1.6439 Acquired Common Stock $.01 Par Value ND (1.6439) Direct
2021-12-15 Restricted Stock Units $ A 0.2718 Acquired Common Stock $.01 Par Value ND (0.2718) Direct

Footnotes

F1: Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.

F2: Dividend equivalent rights accrue with respect to these DSUs when and as dividends are paid on the Company's common stock and become payable upon the Reporting Person's termination of service as a Director.

F3: Restricted Stock Units ("RSUs") granted under the MGM Resorts International (the "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. Any fractional shares are paid in cash upon settlement.

F4: The RSUs will vest upon the earlier of (i) May 6, 2022 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.

F5: 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.