James C. Stewart - 14 Jan 2022 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Signature
/s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol
MGP
Transactions as of
14 Jan 2022
Net transactions value
$0
Form type
4
Filing time
19 Jan 2022, 18:50:57 UTC
Previous filing
11 Feb 2022
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MGP Class A Common Shares 236,063 14 Jan 2022 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% 4,518 14 Jan 2022 Class A Common Shares 61 Direct F1, F2, F3
transaction MGP Restricted Share Units Award +31 +1.4% 2,286 14 Jan 2022 Class A Common Shares 31 Direct F3, F4, F5
transaction MGP Restricted Share Units Award +120 +1.4% 8,968 14 Jan 2022 Class A Common Shares 120 Direct F1, F3, F6
transaction MGP Restricted Share Units Award +102 +1.4% 7,627 14 Jan 2022 Class A Common Shares 102 Direct F3, F4, F5
transaction MGP Restricted Share Units Award +308 +1.4% 22,940 14 Jan 2022 Class A Common Shares 308 Direct F1, F3, F7
transaction MGP Restricted Share Units Award +809 +1.4% 60,309 14 Jan 2022 Class A Common Shares 809 Direct F1, F3, F8
* 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 Restricted Share Units (RSUs) granted under the MGM Growth Properties LLC 2016 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Class A common shares representing limited liability company interests of the Issuer.
F5 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.
F6 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.
F7 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.
F8 The RSUs will vest in four equal annual installments commencing on October 27, 2022 (the first anniversary of the grant date), in each case subject to the terms of the Plan and applicable award agreement. Any fractional shares will be paid in cash upon settlement.