Irving Charles 4
4 · MGM Growth Properties LLC · Filed Apr 19, 2021
Insider Transaction Report
Form 4
Irving Charles
Director
Transactions
- Award
Deferred Share Units
2021-04-15+25.192→ 2,622.096 total→ Class A Common Shares (25.192 underlying) - Award
Restricted Share Units
2021-04-15+71.929→ 5,188.324 total→ Class A Common Shares (71.929 underlying)
Holdings
- 1,000
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 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.
- [F4]The RSUs will vest upon the earlier of (i) July 1, 2021 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.
- [F5]Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Growth Properties Class A shares and vest on the same dates and in the same relative proportions as the RSUs on which they accrue.