Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table provides information about share repurchases made by the Company of its common stock during the quarter ended March 31, 2022:
+Added: The following table provides information about share repurchases made by the Company of its common stock during the quarter ended June 30, 2022:
Total Number of Shares Purchased Average Price Paid per Share Total Number
1 unchanged sentence
Period (In thousands)
−Removed: January 1, 2022 — January 31, 2022 6,588,067 $ 43.11 6,588,067 $ 966,244
−Removed: February 1, 2022 — February 28, 2022 8,977,218 $ 44.37 8,977,218 $ 567,895
−Removed: March 1, 2022 — March 31, 2022 7,780,700 $ 41.08 7,780,700 $ 2,248,293
−Removed: The Company's Board of Directors authorized a $2.0 billion stock repurchase program in March 2022 and a $3.0 billion stock repurchase program in February 2020.
+Added: April 1, 2022 — April 30, 2022 6,237,509 $ 41.08 6,237,509 $ 1,992,053
+Added: May 1, 2022 — May 31, 2022 13,976,096 $ 35.12 13,976,096 $ 1,501,268
+Added: June 1, 2022 — June 30, 2022 12,155,277 $ 30.20 12,155,277 $ 1,134,204
+Added: The Company’s Board of Directors authorized a $2.0 billion stock repurchase program in March 2022 and a $3.0 billion stock repurchase program in February 2020, and, in connection with repurchases made during the six months ended June 30, 2022, the February 2020 $3.0 billion stock repurchase program was completed.
Under the stock repurchase programs, the Company may repurchase shares from time to time in the open market or in privately negotiated agreements.
1 unchanged sentence
The timing, volume and nature of stock repurchases will be at the sole discretion of management, dependent on market conditions, applicable securities laws, and other factors, and may be suspended or discontinued at any time.
−Removed: All shares repurchased by the Company during the quarter ended March 31, 2022 were purchased pursuant to the Company’s publicly announced stock repurchase programs and have been retired.
−Removed: 10.1 Amendment Letter to the 2019 Revolving Credit Facility, dated February 10 , 202 2 , by and among MGM China Holdings Limited and certain Arrangers and Lenders Party thereto.
−Removed: 10.2 Amendment Letter to the 2020 Revolving Credit Facility, dated February 10 , 202 2 , by and among MGM China Holdings Limited and certain Arrangers and Lenders Party thereto.
−Removed: 10.3 Second Amendment to Lease, by and between BCORE Paradise LLC and Bellagio, LLC, dated as of February 22, 2022.
+Added: All shares repurchased by the Company during the quarter ended June 30, 2022 were purchased pursuant to the Company’s publicly announced stock repurchase programs and have been retired.
+Added: 10.1 Amended and Restated Master Lease, by and between MGP Lessor, LLC and MGM Lessee, LLC, dated as of April 29, 2022 (incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K filed on April 29, 2022).
+Added: 10.2 Tax Protection Agreement, by and among VICI Properties, Inc., VICI Properties OP LLC, MGM Resorts International and the other parties thereto, dated as of April 29, 2022 (incorporated by reference to Exhibit 10.2 of the Current Report on Form 8-K filed on April 29, 2022) .
+Added: 10.3* MGM Resorts International 2022 Omnibus Incentive Plan (incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K filed on May 9, 2022).
+Added: 10.4** Lease by and between Marker LV Propco LLC and Nevada Property 1 LLC, dated as of May 17, 2022 (incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K filed on May 17, 2022).
+Added: 10.5 Addendum to the Sub-concession Contract, dated June 23, 2022, between SJM Resorts, S.A.
+Added: and MGM Grand Paradise, S.A.
+Added: (incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K filed on June 24, 2022).
+Added: 10.6* First Amendment to MGM Resorts International 2012 Deferred Compensation Plan for Non-Employee Directors, dated as of April 27, 2022.
22 Subsidiary Guarantors.
11 unchanged sentences
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document.
−Removed: 104 The cover page from this Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, has been formatted in Inline XBRL.
+Added: 104 The cover page from this Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, has been formatted in Inline XBRL.
+Added: * Management contract or compensatory plan or arrangement.
** Certain schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K.
3 unchanged sentences
MGM Resorts International
−Removed: May 2, 2022 By:
+Added: August 3, 2022 By:
/s/ WILLIAM J.
Chief Executive Officer and President (Principal Executive Officer)
−Removed: May 2, 2022 /s/ JONATHAN S.
+Added: August 3, 2022 /s/ JONATHAN S.
Chief Financial Officer and Treasurer (Principal Financial Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.