Stephen Lawrence Cootey - 16 Feb 2024 Form 4 Insider Report for Red Rock Resorts, Inc. (RRR)

Role
EVP & Chief Financial Officer
Signature
/s/ Jeffrey T. Welch, as attorney-in-fact for the Reporting Person
Issuer symbol
RRR
Transactions as of
16 Feb 2024
Transactions value $
-$198,145
Form type
4
Filing time
26 Feb 2024, 21:53:13 UTC
Previous filing
16 Feb 2024
Next filing
27 Feb 2024
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 +20.5K +8% $0.00 277K 16 Feb 2024 Direct F1
transaction RRR CLASS A COMMON STOCK Tax liability -$198K -3.38K -1.22% $58.68 274K 18 Feb 2024 Direct F2, F3

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 +42.5K $0.00 42.5K 16 Feb 2024 CLASS A COMMON STOCK 42.5K $58.50 Direct F4
* 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 16, 2027, subject to the Reporting Person's continued service with the Issuer.
F2 Represents number of shares withheld by the company to cover applicable taxes upon vesting of restricted shares previously granted.
F3 Reflects amount of securities beneficially owned as of 2/18/2024, prior to any subsequent transactions.
F4 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 16, 2026, subject to the Reporting Person's continued service with the Issuer.