SEC Form 4/A · accession 0000899243-19-005264
Red Rock Resorts, Inc. · RRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph J Hasson
Officer — See Remarks
Period of report
Feb 25, 2019
Accepted (ET)
Feb 28, 2019 · 5:08 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 STOCK | Feb 25, 2019 | M | 17,260 | $19.50 | A | 17,260 | D | |
| CLASS A COMMON STOCK | Feb 25, 2019 | S | 17,260 | $29.25 | D | 0 | D | |
| CLASS A COMMON STOCK | Feb 26, 2019 | M | 1,500 | $19.50 | A | 1,500 | D | |
| CLASS A COMMON STOCK | Feb 26, 2019 | S | 1,500 | $28.83 | D | 0 | 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,F1 | $19.50 | Feb 25, 2019 | M | 17,260 | D | — | May 2, 2023 | CLASS A COMMON STOCK | 17,260 | 21,413 | D |
| STOCK OPTIONF2,F1 | $19.50 | Feb 26, 2019 | M | 1,500 | D | — | May 2, 2023 | CLASS A COMMON STOCK | 1,500 | 19,913 | D |
Explanation of responses
- F1Represents 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 May 2, 2017, subject to the Reporting Person's continued service with the Registrant. The original grant on April 26, 2016 was for 51,562 options, 12,891 of those options vested on May 2, 2017, 12,891 of those options vested on May 2, 2018, 12,891 of those options will vest on May 2, 2019 and the remaining options were terminated on February 19, 2019.
- F2The original Form 4, filed on February 26, 2019, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported that 12,891 options of the reporting person were terminated on February 19, 2019 when in fact those options were not terminated and are anticipated to vest on May 2, 2019. As a result of this administrative error, the number of derivative securities beneficially owned by the reporting person following the reported transaction are corrected to reflect the 12,891 remaining options beneficially owned by the reporting person that are anticipated to vest on May 2, 2019.
Remarks
Former EVP & Chief Operating Officer