SEC Form 4 · accession 0000899243-19-005305

Red Rock Resorts, Inc. · RRR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Feb 27, 2019

Accepted (ET)

Feb 28, 2019 · 6:19 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 27, 2019	M	7,022	$19.50	A	7,022	D
CLASS A COMMON STOCK^F1	Feb 27, 2019	S	7,022	$28.66	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
STOCK OPTION^F2	$19.50	Feb 27, 2019	M	7,022	D	—	May 2, 2023	CLASS A COMMON STOCK	7,022	12,891	D

F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.61 to $28.70. The reporting person undertakes to provide to Red Rock Resorts, Inc., any security holder of Red Rock Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
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 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.

Former EVP & Chief Operating Officer