SEC Form 4 · accession 0000899243-19-004079
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
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 4:51 pm EST
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 | Feb 14, 2019 | A | 77,093 | $0.00 | A | 117,787 | 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 | $27.24 | Feb 14, 2019 | A | 274,510 | A | — | Feb 14, 2026 | CLASS A COMMON STOCK | 274,510 | 274,510 | 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 February 14, 2022, 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 three equal annual installments beginning on February 14, 2021, subject to the Reporting Person's continued service with the Registrant.