Andy H. Chien - Dec 24, 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: Dec 24, 2021
Transactions value $: -$730,148
Form type: 4
Date filed: 12/28/2021, 04:16 PM
Previous filing: Nov 8, 2021
Next filing: Jan 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGP	Class A Common Shares	Award	$0	+46.7K	+55.56%	$0.00	131K	Dec 24, 2021	Direct	F1
transaction	MGP	Class A Common Shares	Tax liability	-$730K	-18.4K	-14.06%	$39.71	112K	Dec 24, 2021	Direct

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

Explanation of Responses:

Id	Content
F1	Represents the accelerated vesting of 25,910.4041 performance share units ("PSUs") granted on November 4, 2019, and 20,813.4951 PSUs granted on October 5, 2020, under the MGM Growth Properties LLC (the "Company") 2016 Omnibus Incentive Plan at target. An additional number of shares may be awarded at the end of the performance period under the terms of each PSU award based upon the Company's three-year total shareholder return ranking among the three-year return of the non-mortgage REIT component companies of the NAREIT Index. Fractional shares are paid in cash upon settlement.

Content

Represents the accelerated vesting of 25,910.4041 performance share units ("PSUs") granted on November 4, 2019, and 20,813.4951 PSUs granted on October 5, 2020, under the MGM Growth Properties LLC (the "Company") 2016 Omnibus Incentive Plan at target. An additional number of shares may be awarded at the end of the performance period under the terms of each PSU award based upon the Company's three-year total shareholder return ranking among the three-year return of the non-mortgage REIT component companies of the NAREIT Index. Fractional shares are paid in cash upon settlement.