Sec Form 4 Filing - Fertitta Business Management LLC @ Red Rock Resorts, Inc. - 2016-05-18

FORM 4 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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Fertitta Business Management LLC 2. Issuer Name and Ticker or Trading Symbol Red Rock Resorts, Inc. [ RRR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 05/18/2016 (Street) LAS VEGAS, NV89135 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 B Common Stock 05/18/2016 D( 2 ) 497,965 D $ 0 22,613,985 I See Footnotes ( 1 ) ( 3 ) ( 4 ) ( 5 ) Class B Common Stock 05/18/2016 D( 2 ) 471,683 D $ 0 22,771,819 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 LLC Units ( 6 ) 05/18/2016 D( 2 ) 497,965 ( 6 ) ( 6 ) Class A Common Stock 497,965 $ 18.33 22,613,985 I See Footnotes ( 1 ) ( 3 ) ( 4 ) ( 5 ) LLC Units ( 6 ) 05/18/2016 D( 2 ) 471,683 ( 6 ) ( 6 ) Class A Common Stock 471,683 $ 18.33 22,771,819 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Fertitta Business Management LLC C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X FI Station Investor LLC C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X Fertitta Investment LLC C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X KVF Investments, LLC C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X LNA Investments, LLC C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X F & J Fertitta Family Business Trust C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X L & T Fertitta Family Business Trust C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X FERTITTA FRANK J III C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X FERTITTA LORENZO J C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE LAS VEGAS, NV89135 X X Signatures /s/ John Hertig, Attorney-in-Fact for Fertitta Business Management LLC 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for FI Station Investor LLC 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for Fertitta Investment LLC 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for KVF Investments, LLC 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for LNA Investments, LLC 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for F & J Fertitta Family Business Trust 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for L & T Fertitta Family Business Trust 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for Frank J. Fertitta III 05/20/2016 Signature of Reporting Person Date /s/ John Hertig, Attorney-in-Fact for Lorenzo J. Fertitta 05/20/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This Form 4 is being filed by (i) FI Station Investor LLC ("FI Station"); (ii) Fertitta Investment LLC ("Fertitta Investment"), in its capacity as the majority member of FI Station; (iii) KVF Investments, LLC ("KVF") in its capacity as a member of FI Station and Fertitta Investment; (iv) LNA Investments, LLC ("LNA") in its capacity as a member of FI Station and Fertitta Investment; (v) Fertitta Business Management LLC ("FBM"), in its capacity as the direct owner of the Issuer's securities as set forth herein and as a member of Fertitta Investment; (vi) F & J Fertitta Family Business Trust (the "F&J Trust"), in its capacity as a member of FBM; (vii) L & T Fertitta Family Business Trust (the "L&T Trust"), in its capacity as a member of FBM; (viii) Frank J. Fertitta III; and (x) Lorenzo J. Fertitta. ( 2 )The Issuer used the proceeds from the sale of shares of Class A Common Stock for the exercise of the underwriters' option to purchase shares to cover overallotment in the Issuer's initial public offering (the "Overallotment Option") to purchase LLC units and an equivalent number of shares of the Issuer's Class B Common Stock from each of FI Station Investor and Fertitta Business Management LLC on the same day immediately after completion of the closing of the Overallotment Option. ( 3 )These securities were sold by FI Station Investor LLC which is owned by Fertitta Investment, KVF and LNA. Fertitta Investment is owned by FBM, KVF and LNA. FI Station and Fertitta Investment are managed by Fertitta Holdco LLC, which is owned and managed by Frank J. Fertitta III and Lorenzo J. Fertitta. KVF is managed by Frank J. Fertitta III and is beneficially owned by various trusts established for the benefit for his three children. Frank J. Fertitta III disclaims beneficial ownership of any shares of Class A Common Stock, Class B Common Stock and LLC Units (as defined herein) beneficially owned by KVF, except to the extent of any pecuniary interest therein. LNA is managed by Lorenzo J. Fertitta and is beneficially owned by various trusts established for the benefi t of his three children. ( 4 )Lorenzo J. Fertitta disclaims beneficial ownership of any shares of Class A Common Stock, Class B Common Stock and LLC Units beneficially owned by LNA, except to the extent of any pecuniary interest therein. FBM is owned and controlled (i) 50% by the F&J Trust, a revocable trust for which Frank J. Fertitta III has sole investment and voting power, and (ii) 50% by the L&T Trust, a revocable trust for which Lorenzo J. Fertitta has sole investment and voting power. ( 5 )Each of the Reporting Persons disclaims beneficial ownership of any shares of Class A Common Stock, Class B Common Stock and LLC Units beneficially owned by the other Reporting Persons, except to the extent of any pecuniary interest therein. ( 6 )The LLC Units are exchangeable (together with a corresponding number of Class B Shares) at any time and from time to time for an equal number of shares of the Issuer's Class A Common Stock or, at the election of the Issuer, cash. The LLC Units have no expiration 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.