Jeffrey T. Welch - 10 Feb 2023 Form 4 Insider Report for Red Rock Resorts, Inc. (RRR)

Role
EVP and Chief Legal Officer
Signature
/s/ Jeffrey T. Welch
Issuer symbol
RRR
Transactions as of
10 Feb 2023
Transactions value $
$0
Form type
4
Filing time
14 Feb 2023, 17:01:04 UTC
Previous filing
21 Mar 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRR CLASS A COMMON STOCK Award $0 +12K +8.48% $0.00 153K 10 Feb 2023 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 +75.5K $0.00 75.5K 10 Feb 2023 CLASS A COMMON STOCK 75.5K $47.07 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 February 10, 2026, subject to the Reporting Person's continued service with the Issuer.
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 February 10, 2025, subject to the Reporting Person's continued service with the Issuer.