SEC Form 4 · accession 0000899243-18-007846
Red Rock Resorts, Inc. · RRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Haskins
Officer — President
Period of report
Mar 8, 2018
Accepted (ET)
Mar 16, 2018 · 9:55 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 | Mar 8, 2018 | A | 34,351 | $0.00 | A | 112,963 | D | |
| CLASS A COMMON STOCK | holding | — | — | — | 641,566 | 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 | $32.75 | Mar 8, 2018 | A | 359,808 | A | — | Mar 8, 2025 | CLASS A COMMON STOCK | 359,808 | 359,808 | D |
| LLC UnitsF3 | — | holding | — | — | — | — | — | CLASS A COMMON STOCK | 641,566 | 641,566 | 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 March 8, 2021, subject to the Reporting Person's continued service with the 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 three equal annual installments beginning on March 8, 2020, subject to the Reporting Person's continued service with the registrant.
- F3Units of limited liability company interest in Station Holdco LLC ("LLC Units"), together with a corresponding number of shares of Class B Common Stock, may be exchanged by the holder thereof at any time and from time to time for an equal number of shares of the Issuer's Class A Common Stock or, at the election of the Issuer, cash. The purchase price represents the consideration paid for each LLC Unit and share of Class B Common Stock, which were purchased as a unit to facilitate the future exchange of the LLC Units for shares of the Issuer's Class A Common Stock. The LLC Units have no expiration date.