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Form 3 Red Rock Resorts, Inc. For: Feb 20 Filed by: Nichols Kord

March 1, 2024 9:41 PM EST
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Nichols Kord

(Last) (First) (Middle)
C/O RED ROCK RESORTS, INC.
1505 SOUTH PAVILION CENTER DRIVE

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/20/2024
3. Issuer Name and Ticker or Trading Symbol
Red Rock Resorts, Inc. [ RRR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Operating Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 15,723
D
 
Class A Common Stock 8,542 (1)
D
 
Class A Common Stock 20,657 (2)
D
 
Class A Common Stock 10,357 (3)
D
 
Class A Common Stock 16,667 (4)
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option   (5) 02/16/2031 Class A Common Stock 34,513 58.5 D  
Stock Option   (6) 02/10/2030 Class A Common Stock 65,466 47.07 D  
Stock Option   (7) 03/18/2029 Class A Common Stock 46,897 46.16 D  
Stock Option   (8) 02/18/2028 Class A Common Stock 102,896 26.36 D  
Stock Option   (9) 08/28/2026 Class A Common Stock 198,474 19.05 D  
Stock Option   (10) 02/14/2026 Class A Common Stock 113,662 25.06 D  
Stock Option   (11) 03/08/2025 Class A Common Stock 46,349 30.13 D  
Explanation of Responses:
1. Represents a restricted stock award (the "2021 Restricted Stock Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2021 Restricted Stock Award will vest on February 18, 2025, subject to the Reporting Person's continued service with Registrant.
2. Represents a restricted stock award (the "2022 Restricted Stock Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2022 Restricted Stock Award will vest in two equal annual installments beginning on March 18, 2025, subject to the Reporting Person's continued service with Registrant.
3. Represents a restricted stock award (the "2023 Restricted Stock Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2023 Restricted Stock Award will vest in two equal annual installments beginning on February 10, 2026, subject to the Reporting Person's continued service with Registrant.
4. Represents a restricted stock award (the "2024 Restricted Stock Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2024 Restricted Stock Award will vest in two equal annual installments beginning on February 16, 2027, subject to the Reporting Person's continued service with Registrant.
5. Represents a stock option award (the "2024 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2024 Stock Option Award vests in three equal annual installments beginning on February 16, 2026, subject to the Reporting Person's continued service with the Registrant.
6. Represents a stock option award (the "2023 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2023 Stock Option Award vests in three equal annual installments beginning on February 10, 2025, subject to the Reporting Person's continued service with the Registrant.
7. Represents a stock option award (the "2022 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2022 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.
8. Represents a stock option award (the "2021 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2021 Stock Option Award vests in three equal annual installments beginning on February 18, 2023, subject to the Reporting Person's continued service with the Registrant.
9. Represents a stock option award (the "August 2019 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The August 2019 Stock Option Award vested on August 28, 2023.
10. Represents a stock option award (the "February 2019 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The February 2019 Stock Option Award vested on February 14, 2023.
11. Represents a stock option award (the "2018 Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The 2018 Stock Option Award vested on March 8, 2022.
Remarks:
Exhibit Index - Exhibit No. 24 - Power of Attorney
/s/ Jeffrey T. Welch, Attorney-in-fact for Kord Nichols 03/01/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

ATTACHMENTS / EXHIBITS

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