form8-k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
____________________
FORM
8-K
CURRENT
REPORT
_____________________
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): November 21,
2007
Wynn
Resorts, Limited
(Exact
Name of Registrant as Specified in its Charter)
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Nevada
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000-50028
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46-0484987
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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3131
Las Vegas Boulevard South
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Las
Vegas, Nevada
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89109
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(702)
770-7555
(Registrant's
telephone number, including area code)
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following
provisions:
Written
communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
Pre-commencements
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01 Other
Events.
Ronald
J. Kramer, President of the Company, has entered into a Rule 10b5-1 trading
plan
to sell up to 13,700 shares of the Company's common stock
concurrent with the vesting of 30,000 shares of the Company’s common stock which
Mr. Kramer received pursuant to a Restricted Stock Agreement dated as of
February 3, 2005 by and between the Company and Mr. Kramer. Mr.
Kramer has advised the Company that the proceeds from the sale of the shares
will be used primarily to pay federal and state tax withholding obligations
resulting from the vesting of the 30,000 shares of common stock, and brokerage
commissions associated with the sale.
Marc
D.
Schorr, Chief Operating Officer of the Company, through his family trust, has
entered into a Rule 10b5-1 trading plan to sell up to
9,200 shares of the Company's common stock concurrent with
the vesting of 25,000 shares of the Company’s common stock which Mr. Schorr’s
family trust received pursuant to a Restricted Stock Agreement dated as of
February 3, 2005 by and between the Company and Mr. Schorr. Mr.
Schorr has advised the Company that the proceeds from the sale of the shares
will be used primarily to pay federal tax withholding obligations resulting
from
the vesting of the 25,000 shares of common stock, and brokerage commissions
associated with the sale.
These
trading plans are intended to comply with Rule 10b5-1 of the Securities Exchange
Act of 1934, as amended, and the Company's insider trading policy. Rule 10b5-1
allows corporate insiders to establish prearranged written plans to buy or
sell
a specified number of shares of a company stock over a set period of
time.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: November
21, 2007
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Wynn
Resorts, Limited
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By:
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/s/
John Strzemp |
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John
Strzemp
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Executive
Vice President and Chief Financial
Officer
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