SEC Form 4 · accession 0001127602-17-015301
MGM Growth Properties LLC · MGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Taylor
Director
Period of report
Apr 19, 2017
Accepted (ET)
Apr 21, 2017 · 7:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001656936
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Apr 19, 2017 | M | 7,541 | D | — | — | Class A Common Shares | 7,541 | 0 | I |
| Deferred Share UnitsF3 | — | Apr 19, 2017 | M | 7,541 | A | — | — | Class A Common Shares | 7,541 | 7,541 | I |
| Restricted Share UnitsF1,F4 | — | Apr 19, 2017 | M | 4,525 | D | — | — | Class A Common Shares | 4,525 | 0 | I |
| Deferred Share UnitsF3 | — | Apr 19, 2017 | M | 4,525 | A | — | — | Class A Common Shares | 4,525 | 12,066 | I |
Explanation of responses
- F1Restricted 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.
- F2The RSUs will vest upon the earlier of (i) April 19, 2017 (the first anniversary of the date of grant of the RSUs) and (ii) the date of the next annual meeting of MGM Resorts International's stockholders following June 1, 2016, in each case subject to the terms of the Plan and applicable award agreement.
- F3Represents 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 termination of service as a Director.
- 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.