Kathryn Coleman - May 5, 2021 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Role
Director
Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGP
Transactions as of
May 5, 2021
Transactions value $
$0
Form type
4
Date filed
5/7/2021, 05:52 PM
Next filing
Jul 2, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MGP Restricted Share Units Options Exercise $0 -5.19K -100% $0.00* 0 May 5, 2021 Class A Common Shares 5.19K Direct F1, F2
transaction MGP Deferred Share Units Options Exercise $0 +5.19K +180.66% $0.00 8.06K May 5, 2021 Class A Common Shares 5.19K Direct F3
transaction MGP Restricted Share Units Award $0 +3.87K $0.00 3.87K May 5, 2021 Class A Common Shares 3.87K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Units ("RSUs") granted under the MGM Growth Properties LLC 2016 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Class A common shares representing limited liability company interests of the Issuer.
F2 The RSUs vested on May 5, 2021 subject to the terms of the Plan and applicable award agreement.
F3 Represents Deferred Share Units (DSUs) under the MGM Growth Properties LLC 2016 Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one Class A share. The DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
F4 The RSUs will vest upon the earlier of (i) May 5, 2022 or (ii) the date of the Issuer's next annual meeting of shareholders, in each case subject to the terms of the Plan and applicable award agreement. Any fractional shares will be paid in cash upon settlement.