Knicks Lau 4
4 · MGM Growth Properties LLC · Filed Jul 17, 2019
Insider Transaction Report
Form 4
Knicks Lau
ED Acct & Finance (Controller)
Transactions
- Award
Restricted Share Units
2019-07-15+17.565→ 1,155.65 total→ Class A Common Shares (17.565 underlying)
Footnotes (3)
- [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 will vest in four equal annual installments commencing on November 15, 2019 (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.
- [F3]Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Issuer's Class A common shares and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.