Sec Form 4/A Filing - Hasson Joseph J @ Red Rock Resorts, Inc. - 2019-02-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hasson Joseph J
2. Issuer Name and Ticker or Trading Symbol
Red Rock Resorts, Inc. [ RRR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
02/25/2019
(Street)
LAS VEGAS, NV89135
4. If Amendment, Date Original Filed (MM/DD/YY)
02/26/2019
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
CLASS A COMMON STOCK 02/25/2019 M 17,260 A $ 19.5 17,260 D
CLASS A COMMON STOCK 02/25/2019 S 17,260 D $ 29.25 0 D
CLASS A COMMON STOCK 02/26/2019 M 1,500 A $ 19.5 1,500 D
CLASS A COMMON STOCK 02/26/2019 S 1,500 D $ 28.83 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4 )
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTION $ 19.5 02/25/2019 M 17,260 ( 1 ) 05/02/2023 CLASS A COMMON STOCK 17,260 $ 0 21,413 ( 2 ) D
STOCK OPTION $ 19.5 02/26/2019 M 1,500 ( 1 ) 05/02/2023 CLASS A COMMON STOCK 1,500 $ 0 19,913 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hasson Joseph J
C/O RED ROCK RESORTS, INC.
1505 SOUTH PAVILION CENTER DRIVE
LAS VEGAS, NV89135
See Remarks
Signatures
/s/ Richard J. Haskins, Attorney-in-fact for Joseph J. Hasson 02/28/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.

Remarks:
Former EVP & Chief Operating Officer

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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