X0306 4 2016-07-15 0001656936 MGM Growth Properties LLC MGP 0001672007 Stewart James C. C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BOULEVARD, SUITE 500 LAS VEGAS NY 89118 1 Chief Executive Officer Restricted Share Units 2016-07-15 4 A 0 189.2576 A Class A Common Shares 189.2576 19237.2576 D 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 in four equal annual installments commencing on April 19, 2017 (the first anniversary of the date of grant), in each case subject to the terms of the Plan and applicable award agreement. As previously reported, on 4/19/2016 the reporting person was granted 19,048 RSUs. Dividend equivalent rights accrue with respect to these RSUs (and any previously accrued dividend equivalent rights) when and as dividends are paid on Class A common shares. The additional RSUs being reported reflect the number of RSUs credited to the reporting person's account on 7/15/2016, based on the dividend amount of $0.2632 per share and the closing share price of $26.49 on 7/15/2016. /s/ Andrew Hagopian III, Attorney-In-Fact 2016-07-19