SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 8)
METRO-GOLDWYN-MAYER INC.
(Name of Issuer)
common stock, $.01 par value per share
(Title of Class of Securities)
591610100
(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)
April 26, 1999
(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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(b) for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 6 Pages)
CUSIP No. 591610100 13D Page 2 of 6
- ------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
TRACINDA CORPORATION
- ------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
- ------------------------------------------------------------------------------
(3) SEC USE ONLY
- ------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
N/A
- ------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
|-|
- ------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
- ------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 120,119,223
:----------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : 14,878,500
PERSON WITH :----------------------------------
: (9) SOLE DISPOSITIVE POWER
: 120,119,223
:----------------------------------
:(10) SHARED DISPOSITIVE POWER
: 14,878,500
- ------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
134,997,723
- ------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
|-|
- ------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
89.6%
- ------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON
CO
CUSIP No. 591610100 13D Page 3 of 6
- ------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
KIRK KERKORIAN
- ------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
- ------------------------------------------------------------------------------
(3) SEC USE ONLY
- ------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
N/A
- ------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
|-|
- ------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 134,997,723
:---------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : -0-
PERSON WITH :---------------------------------
:
: (9) SOLE DISPOSITIVE POWER
: 134,997,723
:---------------------------------
:
:(10) SHARED DISPOSITIVE POWER
:
: -0-
- ------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
134,997,723
- ------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
|-|
- ------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
89.6 %
- ------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON
IN
CUSIP No. 591610100 13D Page 4 of 6
- ------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
250 RODEO, INC.
- ------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
- ------------------------------------------------------------------------------
(3) SEC USE ONLY
- ------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
N/A
- ------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
|-|
- ------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 14,878,500
:-----------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : -0-
PERSON WITH :-----------------------------------
:
: (9) SOLE DISPOSITIVE POWER
: 14,878,500
:-----------------------------------
:
:(10) SHARED DISPOSITIVE POWER
: -0-
- ------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,878,500
- ------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
|-|
- ------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.9%
- ------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------------------------
CUSIP No. 591610100 13D Page 5 of 6
- ------------------------------------------------------------------------------
This Amendment No. 8 amends and supplements the Statement on
Schedule 13D filed on November 18, 1997, as amended on November 26, 1997,
on July 27, 1998, on August 19, 1998, on September 2, 1998, on October 26,
1998, on November 20, 1998 and on February 4, 1999 (as so amended, the
"Schedule 13D"), relating to the common stock, $.01 par value per share
(the "Shares"), of Metro-Goldwyn-Mayer Inc., a Delaware corporation (the
"Company"), previously filed by Tracinda Corporation, a Nevada corporation
("Tracinda"), 250 Rodeo, Inc., a Delaware corporation ("250 Rodeo" and,
collectively with Tracinda, the "Tracinda Entities") and Mr. Kirk
Kerkorian. Capitalized terms used herein and not otherwise defined in this
Amendment shall have the meanings set forth in the Schedule 13D.
1. Item 6 of the Schedule 13D is hereby amended to add the following
information:
As of February 26, 1999, Mr. Alex Yemenidjian terminated his
employment with Tracinda. Under Tracinda's Letter Agreement with Mr.
Yemenidjian, Mr. Yemenidjian is not entitled to exercise any unvested
Options when his employment with Tracinda terminates and such Options will
not vest on the dates otherwise set forth for the vesting of such Options.
As of February 26, 1999, Mr. Yemenidjian had unvested Options to purchase
2,000,000 Shares and Mr. Yemenidjian had no Vested Options. Accordingly,
Mr. Yemenidjian's Options will not become Vested Options and will not be
exercisable by Mr. Yemenidjian.
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: May 3, 1999
TRACINDA CORPORATION,
a Nevada corporation
By: /s/ Anthony L. Mandekic
---------------------------
Name: Anthony L. Mandekic
Title: Secretary/Treasurer
KIRK KERKORIAN
By: /s/ Anthony L. Mandekic
---------------------------
Name: Anthony L. Mandekic
Title: Attorney-in-Fact
250 RODEO, INC.,
a Delaware corporation
By: /s/ Anthony L. Mandekic
----------------------------
Name: Anthony L. Mandekic
Title: Secretary/Treasurer
