Jeffrey T. Welch - Feb 15, 2024 Form 4 Insider Report for Red Rock Resorts, Inc. (RRR)

Signature
/s/ Jeffrey T. Welch
Stock symbol
RRR
Transactions as of
Feb 15, 2024
Transactions value $
-$3,267,668
Form type
4
Date filed
2/16/2024, 08:57 PM
Previous filing
Mar 2, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRR CLASS A COMMON STOCK Options Exercise $4.52M +221K +156.63% $20.48 362K Feb 15, 2024 Direct
transaction RRR CLASS A COMMON STOCK Tax liability -$7.79M -133K -36.86% $58.44 228K Feb 15, 2024 Direct

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 EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -221K -100% $0.00* 0 Feb 15, 2024 CLASS A COMMON STOCK 221K $20.48 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock option previously vested in accordance with the terms of the applicable vesting schedule.