James C. Stewart - Apr 23, 2022 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol
MGP
Transactions as of
Apr 23, 2022
Transactions value $
-$72,985
Form type
4
Date filed
4/26/2022, 08:15 PM
Previous filing
Apr 19, 2022
Next filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGP Class A Common Shares Options Exercise $0 +4.58K +1.92% $0.00 244K Apr 23, 2022 Direct
transaction MGP Class A Common Shares Tax liability -$73K -1.8K -0.74% $40.48 242K Apr 23, 2022 Direct
holding MGP Class A Common Shares 2.03K Apr 23, 2022 By Spouse

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 -4.58K -100% $0.00* 0 Apr 23, 2022 Class A Common Shares 4.58K 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 April 23, 2019 (the first anniversary of the grant date), in each case subject to the terms of the Plan and applicable award agreement. Any fractional shares are paid in cash upon settlement.