SMITH ROBERT W 4
4 · MGM Growth Properties LLC · Filed May 3, 2019
Insider Transaction Report
Form 4
SMITH ROBERT W
Director
Transactions
- Award
Restricted Share Units
2019-05-01+4,174→ 4,174 total→ Class A Common Shares (4,174 underlying) - Exercise/Conversion
Restricted Share Units
2019-05-01−4,341.167→ 0 total→ Class A Common Shares (4,341.167 underlying) - Exercise/Conversion
Deferred Share Units
2019-05-01+4,341.167→ 16,227.416 total→ Class A Common Shares (4,341.167 underlying)
Holdings
- 6,819
Class A Common Shares
Footnotes (4)
- [F1]Restricted Stock Units (RSUs) 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.
- [F2]The RSUs vested on May 1, 2019, the date of the Issuer's annual meeting of stockholders.
- [F3]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.
- [F4]The RSUs will vest upon the earlier of (i) May 1, 2020 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.