SEC Form 4 · accession 0001127602-18-015125
MGM Growth Properties LLC · MGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C. Stewart
Officer — Chief Executive Officer
Period of report
Apr 19, 2018
Accepted (ET)
Apr 23, 2018 · 7:15 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 | Apr 19, 2018 | M | 5,321 | $0.00 | A | 11,899 | D | |
| Class A Common Shares | Apr 19, 2018 | F | 1,297 | $28.12 | D | 10,602 | 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 UnitsF1,F2 | — | Apr 19, 2018 | M | 5,321 | D | — | — | Class A Common Shares | 5,321 | 10,640 | D |
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 in four equal annual installments commencing on April 19, 2017 (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.