Hornbuckle William's Form 4/A amendment
AmendedMGM Resorts International (MGM) · filed Apr 22, 2022
- Accession no.
- 0001127602-22-012440
- Filed
- Apr 22, 2022
- Trade date
- Apr 1, 2022
- Filing delay
- 21 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Apr 5, 2022
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.69M. It was filed 21 days after the trade.
This amendment replaces 0001127602-22-011568 (filed Apr 5, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hornbuckle WilliamCIK 0001183302 | Director, Officer (CEO AND PRESIDENT) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2022 | Common Stock $.01 Par Value ND | MOption exerciseAcquired | +290,179 | $0.00 | $0 | 350,410 | Direct | |
| Apr 1, 2022 | Common Stock $.01 Par Value ND | FTax withholdingDisposed | −114,186 | $41.87 | −$4,780,967.82 | 236,224 | Direct | |
| Apr 1, 2022 | Common Stock $.01 Par Value ND | MOption exerciseAcquired | +11,257 | $0.00 | $0 | 247,481 | Direct | |
| Apr 1, 2022 | Common Stock $.01 Par Value ND | FTax withholdingDisposed | −4,430 | $41.87 | −$185,484.1 | 243,051 | Direct | |
| Apr 1, 2022 | Common Stock $.01 Par Value ND | SSaleDisposed | −40,000 | $42.16 | −$1,686,400 | 142,603 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2022 | Common Stock $.01 Par Value ND | MOption exerciseDisposed | −290,179 | $0.00 | $0 | 0 | Direct | |
| Apr 1, 2022 | Common Stock $.01 Par Value ND | MOption exerciseDisposed | −11,257 | $0.00 | $0 | 22,513 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This Amendment is being filed solely to report a transaction that was inadvertently omitted from the original Form 4 filed on April 5, 2022. The sale reported was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
- F2
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. The RSUs cliff vest on the second anniversary of the grant date.
- F3
RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date. Any fractional shares are paid in cash upon settlement.