see increase in amount of shares as they buy back around 500,000 shares!

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
WYNN STEPHEN A

(Last) (First) (Middle)
C/O WYNN RESORTS, LIMITED
3131 LAS VEGAS BOULEVARD SOUTH

(Street)
LAS VEGAS NV 89109

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WYNN RESORTS LTD [ WYNN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) X Other (specify below)
Chief Executive Officer / WFLP is member of 10% owner

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 01/20/2016 P 150,336 A $53.21(1) 11,318,963 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/20/2016 P 40,101 A $53.8(2) 11,359,064 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/20/2016 P 123,972 A $55.23(3) 11,483,036 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/20/2016 P 65,591 A $55.78(4) 11,548,627 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/21/2016 P 12,476 A $54.81(5) 11,561,103 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/21/2016 P 25,374 A $55.95(6) 11,586,477 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/22/2016 P 139,451 A $58.64(7) 11,725,928 I By Wynn Family Limited Partnership
Common Stock, par value $0.01 per share 01/22/2016 P 15,549 A $59.19(8) 11,741,477 I By Wynn Family Limited Partnership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
WYNN STEPHEN A

(Last) (First) (Middle)
C/O WYNN RESORTS, LIMITED
3131 LAS VEGAS BOULEVARD SOUTH

(Street)
LAS VEGAS NV 89109

(City) (State) (Zip)

1. Name and Address of Reporting Person*
Wynn Family Limited Partnership

(Last) (First) (Middle)
C/O WYNN RESORTS, LIMITED
3131 LAS VEGAS BOULEVARD SOUTH

(Street)
LAS VEGAS NV 89109

(City) (State) (Zip)

Explanation of Responses:
1. Represents the weighted average price of multiple transactions with a range of prices between $52.56 and $53.55. The reporting person, upon request by the staff of the SEC, Wynn Resorts, Limited (the "Company") or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
2. Represents the weighted average price of multiple transactions with a range of prices between $53.56 and $54.44. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
3. Represents the weighted average price of multiple transactions with a range of prices between $54.62 and $55.61. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
4. Represents the weighted average price of multiple transactions with a range of prices between $55.62 and $56.00. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
5. Represents the weighted average price of multiple transactions with a range of prices between $54.54 and $55.00. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
6. Represents the weighted average price of multiple transactions with a range of prices between $55.89 and $56.00. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
7. Represents the weighted average price of multiple transactions with a range of prices between $58.10 and $59.09. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
8. Represents the weighted average price of multiple transactions with a range of prices between $59.10 and $59.33. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
Remarks:

/s/ Kevin Tourek, Attorney-in-Fact for Stephen A. Wynn 01/22/2016
/s/ Kevin Tourek, Attorney-in-Fact for Wynn Family Limited Partnership 01/22/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.