SEC Form 4 · accession 0000899243-17-020269
Red Rock Resorts, Inc. · RRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Welch
Officer — EVP and Chief Legal Officer
Period of report
Aug 10, 2017
Accepted (ET)
Aug 14, 2017 · 9:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001653653
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1 | Aug 10, 2017 | A | 26,954 | $0.00 | A | 26,954 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONF2 | $22.26 | Aug 10, 2017 | A | 203,046 | A | — | Aug 10, 2024 | CLASS A COMMON STOCK | 203,046 | 203,046 | D |
Explanation of responses
- F1Represents a restricted stock award (the "Restricted Stock Award) pursuant to the Issuer's 2016 Equity Incentive Plan. The Restricted Stock Award vests in two equal installments beginning on August 10, 2020, subject to the Reporting Person's continued service with registrant.
- F2Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The Stock Option Award vests in four equal annual installments beginning on August 10, 2018, subject to the Reporting Person's continued service with the Registrant.