Hasson Joseph J 4/A
4/A · Red Rock Resorts, Inc. · Filed Feb 28, 2019
Insider Transaction Report
Form 4/AAmended
Hasson Joseph J
EVP of Operations
Transactions
- Exercise/Conversion
CLASS A COMMON STOCK
2019-02-25$19.50/sh+17,260$336,570→ 17,260 total - Sale
CLASS A COMMON STOCK
2019-02-25$29.25/sh−17,260$504,855→ 0 total - Exercise/Conversion
CLASS A COMMON STOCK
2019-02-26$19.50/sh+1,500$29,250→ 1,500 total - Sale
CLASS A COMMON STOCK
2019-02-26$28.83/sh−1,500$43,245→ 0 total - Exercise/Conversion
STOCK OPTION
2019-02-25−17,260→ 21,413 totalExercise: $19.50Exp: 2023-05-02→ CLASS A COMMON STOCK (17,260 underlying) - Exercise/Conversion
STOCK OPTION
2019-02-26−1,500→ 19,913 totalExercise: $19.50Exp: 2023-05-02→ CLASS A COMMON STOCK (1,500 underlying)
Footnotes (2)
- [F1]Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's 2016 Equity Incentive Plan. The Stock Option Award vests in four equal annual installments beginning on May 2, 2017, subject to the Reporting Person's continued service with the Registrant. The original grant on April 26, 2016 was for 51,562 options, 12,891 of those options vested on May 2, 2017, 12,891 of those options vested on May 2, 2018, 12,891 of those options will vest on May 2, 2019 and the remaining options were terminated on February 19, 2019.
- [F2]The original Form 4, filed on February 26, 2019, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported that 12,891 options of the reporting person were terminated on February 19, 2019 when in fact those options were not terminated and are anticipated to vest on May 2, 2019. As a result of this administrative error, the number of derivative securities beneficially owned by the reporting person following the reported transaction are corrected to reflect the 12,891 remaining options beneficially owned by the reporting person that are anticipated to vest on May 2, 2019.