UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
MGM MIRAGE
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
552953 10 1
--------------------------------------------------------------------------------
(CUSIP Number)
Richard E. Sobelle, Esq.
Tracinda Corporation
150 Rodeo Drive, Suite 250
Beverly Hills, California 90212
(310) 271-0638
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 2, 2001
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [_].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 Pages
SCHEDULE 13D
------------------------------------------------------------------------------
CUSIP No. 552953101 Page 2 of 5 Pages
------------------------------------------------------------------------------
Name of Reporting Persons
(1) I.R.S. Identification Nos. of Above Persons (Entities Only)
Tracinda Corporation
------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group
(2) (a) [X]
(b) [_]
------------------------------------------------------------------------------
SEC Use Only
(3)
------------------------------------------------------------------------------
Source of Funds
(4) N/A
------------------------------------------------------------------------------
Check If Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) [_]
(5)
------------------------------------------------------------------------------
Citizenship or Place of Organization
(6) Nevada
------------------------------------------------------------------------------
SOLE VOTING POWER
(7)
Number of 81,221,432 shares
Shares -----------------------------------------------------------
SHARED VOTING POWER
Beneficially (8) 0 Shares
Owned by
-----------------------------------------------------------
Each SOLE DISPOSITIVE POWER
(9) 81,221,432 shares
Reporting
Person -----------------------------------------------------------
SHARED DISPOSITIVE POWER
With (10) 0 Shares
------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
(11) 81,221,432 shares
------------------------------------------------------------------------------
Check If the Aggregate Amount in Row (11) Excludes Certain Shares
(12)
(See Instructions) [_]
------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
(13) 51.6%
------------------------------------------------------------------------------
Type of Reporting Person (See Instructions)
(14) CO
SCHEDULE 13D
--------------------------------------------------------------------------------
CUSIP NO. 552953101 Page 3 of 5 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Persons
I.R.S. Identification Nos. Of Above Persons (Entities Only)
Kirk Kerkorian
------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
------------------------------------------------------------------------------
(3) SEC Use Only
------------------------------------------------------------------------------
(4) Source of Funds
N/A
------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) [_]
------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
USA
------------------------------------------------------------------------------
Sole Voting Power
(7)
81,221,432 shares
Number of
Shares -----------------------------------------------------------
(8) Shared Voting Power
Beneficially 0 Shares
Owned by
-----------------------------------------------------------
Each Sole Dispositive Power
(9) 81,221,432 shares
Reporting
Person -----------------------------------------------------------
Shared Dispositive Power
With (10) 0 Shares
------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
81,221,432 Shares
------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
51.6%
------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
IN
This Amendment No. 16 amends and supplements the Statement on Schedule 13D
filed on August 20, 1991, as amended on June 8, 1992, October 16, 1992, February
22, 1994, March 11, 1994, November 20, 1995, January 24, 1997, September 25,
1997, August 3, 1998, August 21, 1998, September 1, 1998, June 11, 1999,
November 16, 1999, April 18, 2000, February 9, 2001 and May 21, 2001 (as so
amended, the "Schedule 13D"), relating to the common stock, $.01 par value per
share (the "Common Stock"), of MGM MIRAGE, a Delaware corporation (the
"Company"), previously filed by Tracinda Corporation, a Nevada corporation
("Tracinda"), and Mr. Kirk Kerkorian, the sole shareholder of Tracinda.
Capitalized terms used herein and not otherwise defined in this Amendment No. 16
shall have the meaning set forth in the Schedule 13D.
1. Item 4. "Purpose of Transaction," Item 5. "Interest in Securities of the
Issuer" and Item 6. "Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer" of the Schedule 13D are hereby amended
to add the following information:
"In accordance with information previously included in the Schedule 13D and
in the Registration Statement on Form S-3 (File No. 333-37350) filed with
the Securities and Exchange Commission (the "Commission") on May 18, 2000,
as amended and declared effective by the Commission (the "Registration
Statement"), Tracinda sold 10,000,000 shares of Common Stock on November 2,
2001. These shares were sold through a broker pursuant to a prospectus
included in the Registration Statement. Such shares were sold at a price of
$21.00 per share, for an aggregate sale price of $210,000,000.00, before
commissions. Currently, Tracinda directly owns and Mr. Kerkorian
beneficially owns an aggregate of 81,221,432 shares of the Common Stock,
approximately 51.6% of the Company's outstanding Common Stock, based on the
number of shares outstanding as of September 30, 2001 as reported in the
Company's Current Report on Form 8-K filed with the Commission on November
2, 2001. Tracinda and Mr. Kerkorian have no present intention to sell
additional shares of Common Stock at this time and intend to maintain their
holdings in the Common Stock above 50% of the outstanding shares. In the
future, they may, depending on market conditions, from time to time
purchase or sell shares of Common Stock."
2. Except as specifically provided herein, this amendment does not modify any
of the information previously reported on the Schedule 13D.
4
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: November 5, 2001 TRACINDA CORPORATION,
a Nevada corporation
By: /s/ ANTHONY L. MANDEKIC
--------------------------
Name: Anthony L. Mandekic
Title: Secretary/Treasurer
________________________________________________________________________________
Dated: November 5, 2001 KIRK KERKORIAN
By: /s/ ANTHONY L. MANDEKIC
-------------------------
Name: Anthony L. Mandekic
Title: Attorney-in-fact*
________________________________________________________________________________
* Power of Attorney previously filed as Exhibit A to the Schedule 13D.
5