James C. Stewart - Oct 5, 2021 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGP
Transactions as of
Oct 5, 2021
Transactions value $
-$112,965
Form type
4
Date filed
10/7/2021, 08:34 PM
Previous filing
Jul 19, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGP Class A Common Shares Options Exercise $0 +7.42K +4.31% $0.00 180K Oct 5, 2021 Direct
transaction MGP Class A Common Shares Tax liability -$113K -2.92K -1.63% $38.70 177K Oct 5, 2021 Direct

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 -7.42K -25% $0.00 22.3K Oct 5, 2021 Class A Common Shares 7.42K Direct F1, F2
* 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 vest in four equal annual installments commencing on October 5, 2021 (the first anniversary of the date of grant), in each case subject to the terms of the Plan and applicable award agreement. Any fractional shares are paid in cash upon settlement.