Rietbrock Michael 4
4 · MGM Growth Properties LLC · Filed Jan 17, 2019
Insider Transaction Report
Form 4
Rietbrock Michael
Director
Transactions
- Award
Deferred Share Units
2019-01-15+118.437→ 7,687.808 total→ Class A Common Shares (118.437 underlying) - Award
Restricted Share Units
2019-01-15+65.951→ 4,280.918 total→ Class A Common Shares (65.951 underlying)
Holdings
- 8,947
Class A Common Shares
Footnotes (5)
- [F1]Represents Deferred Share Units (DSUs) under the MGM Growth Properties LLC 2016 Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one Class A share. The DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
- [F2]Dividend equivalent rights accrue with respect to these DSUs when and as dividends are paid on MGM Growth Properties Class A common shares and become payable upon the reporting person's termination of service as a Director.
- [F3]Restricted 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.
- [F4]The RSUs will vest upon the earlier of (i) May 2, 2019 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. Any fractional shares will be paid in cash upon settlement.
- [F5]Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Growth Properties Class A common shares and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.