Jeffrey T. Welch - 18 Mar 2022 Form 4 Insider Report for Red Rock Resorts, Inc. (RRR)

Signature
/s/ Jeffrey T. Welch
Issuer symbol
RRR
Transactions as of
18 Mar 2022
Transactions value $
$0
Form type
4
Filing time
21 Mar 2022, 21:58:01 UTC
Previous filing
11 Mar 2022
Next filing
14 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRR CLASS A COMMON STOCK Award $0 +23.8K +20.35% $0.00 141K 18 Mar 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RRR STOCK OPTION Award $0 +52.9K $0.00 52.9K 18 Mar 2022 CLASS A COMMON STOCK 52.9K $47.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award (the "Restricted Stock Award) pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Restricted Stock Award vests in two equal installments beginning on March 18, 2025, subject to the Reporting Person's continued service with Registrant.
F2 Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Stock Option Award vests in three equal annual installments beginning on March 18, 2024, subject to the Reporting Person's continued service with the Registrant.