James C. Stewart - 15 Jul 2021 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Role: Chief Executive Officer
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol: MGP
Transactions as of: 15 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 19 Jul 2021, 18:31:09 UTC
Next filing: 07 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MGP	Class A Common Shares						172,210	15 Jul 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	Award		+61	+1.4%		4,401	15 Jul 2021	Class A Common Shares	61		Direct	F1, F2, F3
transaction	MGP	Restricted Share Units	Award		+31	+1.4%		2,226	15 Jul 2021	Class A Common Shares	31		Direct	F1, F3, F4
transaction	MGP	Restricted Share Units	Award		+181	+1.4%		13,105	15 Jul 2021	Class A Common Shares	181		Direct	F1, F3, F5
transaction	MGP	Restricted Share Units	Award		+103	+1.4%		7,429	15 Jul 2021	Class A Common Shares	103		Direct	F1, F3, F4
transaction	MGP	Restricted Share Units	Award		+411	+1.4%		29,666	15 Jul 2021	Class A Common Shares	411		Direct	F1, F3, F6

* 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.
F3	Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Issuer's Class A common shares and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F4	The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date. Any fractional shares are paid in cash upon settlement.
F5	The RSUs vest in four equal annual installments commencing on November 4, 2020 (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.
F6	The RSUs will 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 will be paid in cash upon settlement.