SEC Form 4/A · accession 0001127602-17-020611
MGM Growth Properties LLC · MGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Robert W Smith
Director
Period of report
May 30, 2017
Accepted (ET)
Jun 5, 2017 · 7:47 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 Shares | May 30, 2017 | P | 2,000 | $27.87 | A | 2,000 | D | |
| Class A Common SharesF1 | May 31, 2017 | M | 1,819 | $0.00 | A | 3,819 | 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 UnitsF2,F3 | — | May 31, 2017 | A | 3,730 | A | — | — | Class A Common Shares | 3,730 | 3,730 | D |
| Restricted Share UnitsF2,F4,F5 | — | May 31, 2017 | M | 1,819 | D | — | — | Class A Common Shares | 1,819 | 0 | D |
| Deferred Share UnitsF6 | — | holding | — | — | — | — | — | Class A Common Shares | 2,559 | 2,559 | D |
Explanation of responses
- F1The original Form 4 is being amended to reflect that the vested Restricted Stock Units were converted into Class A Common Shares instead of Deferred Share Units. No other changes are being made to the original Form 4 filing.
- F2Restricted Stock Units (RSUs) granted under 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.
- F3The RSUs will vest upon the earlier of (i) May 31, 2018 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.
- F4The RSUs will vest upon the earlier of (i) January 12, 2018 or (ii) the date of the Company's next annual meeting of shareholders, in each case subject to the terms of the Plan and applicable award agreement.
- F5RSUs do not have an expiration date.
- 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.