X0306 4 2017-04-13 0001656936 MGM Growth Properties LLC MGP 0001186211 MURREN JAMES C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BOULEVARD, SUITE 500 LAS VEGAS NV 89118 1 Class A Common Shares 8300 I By Trust FBO TM Class A Common Shares 8300 I By Trust FBO JM Class A Common Shares 5900 I By Murren Legacy Trust Class A Common Shares 59000 I By JJM IRA Class A Common Shares 136500 I By J&H Investments LLC, Held Through Trust Class A Common Shares 7000 I By HMM IRA Restricted Share Units 2017-04-13 4 A 0 514.8732 A Class A Common Shares 514.8732 37705.3257 D Representing limited liability company interests. Restricted Share Units (RSUs) are 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. The RSUs will vest on April 19, 2017 (the first anniversary of the date of grant of the RSUs), subject to the terms of the Plan and applicable award agreement. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on MGM Growth Properties LLC's common stock. The additional RSUs being reported reflect dividend equivalent rights at $27.99 per RSU credited to the reporting person's account on 4/13/2017. /s/ Andrew Hagopian III, Attorney-In-Fact 2017-04-17