Andy H. Chien - Oct 5, 2021 Form 4 Insider Report for MGM Growth Properties LLC (MGP)

Role: CFO and Treasurer
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Stock symbol: MGP
Transactions as of: Oct 5, 2021
Transactions value $: -$56,502
Form type: 4
Date filed: 10/7/2021, 08:32 PM
Previous filing: Jul 19, 2021
Next filing: Oct 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGP	Class A Common Shares	Options Exercise	$0	+3.71K	+4.61%	$0.00	84.2K	Oct 5, 2021	Direct
transaction	MGP	Class A Common Shares	Tax liability	-$56.5K	-1.46K	-1.73%	$38.70	82.8K	Oct 5, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGP	Restricted Share Units	Options Exercise	$0	-3.71K	-25.01%	$0.00	11.1K	Oct 5, 2021	Class A Common Shares	3.71K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Share 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 vest in four equal annual installments commencing on October 5, 2021 (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 are paid in cash upon settlement.