SEC Form 4 · accession 0001127602-17-014871
MGM Growth Properties LLC · MGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Roberts
Director
Period of report
Apr 13, 2017
Accepted (ET)
Apr 17, 2017 · 8:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001656936
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF1,F2 | Apr 13, 2017 | P | 72 | $27.815 | A | 5,229 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF5,F3,F4 | — | Apr 13, 2017 | A | 62 | A | — | — | Class A Common Shares | 62 | 4,525 | D |
| Deferred Share UnitsF7,F6 | — | Apr 13, 2017 | A | 53 | A | — | — | Class A Common Shares | 53 | 5,030 | D |
Explanation of responses
- F1Representing limited liability company interests.
- F2The acquisition was pursuant to a dividend reinvesment of the dividend paid on 4/13/2017.
- F3Restricted Share Units (RSUs) are 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.
- F4The RSUs will vest upon the earlier of (i) April 19, 2017 or (ii) the date of the Issuer's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.
- F5Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Growth Properties LLC's common stock. The additional RSUs being reported reflect dividend equivalent rights at $27.99 per RSU credited to the reporting person's account on 4/13/2017.
- F6Represents Deferred Share Units under the MGM Growth Properties LLC 2016 Deferred Compensation Plan for Non-Employee Directors. Each Deferred Share Unit is the economic equivalent of one Class A share. The Deferred Share Units become payable upon the reporting person's temination of service as a Director.
- F7Dividend equivalent rights accrue with respect to these DSUs (and any previously accrued dividend equivalent rights) when and as dividends are paid on Class A common shares. The additional DSUs being reported reflect the number of DSUs credited to the reporting person's account on 4/13/2017, based on the dividend amount of $0.3875 per share and the closing share price of $27.99 on 4/13/2017.