WELCH JEFFREY T (EVP and Chief Legal Officer) exercised options at RED ROCK RESORTS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/16/2024ACC: 0000950170-24-016679
Officer· EVP and Chief Legal Officer
Since Feb 2019
-133.27K
Net shares
Net seller
$7.79M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
220.69K acquired · 353.96K disposed
Non-Derivative Transactions2
CLASS A COMMON STOCK
Direct
Shares
+220.69K
Price / share
$20.48
Trade value
$4.52M
% of position
156.6%
2/15/2024
140.90K→361.59K
CLASS A COMMON STOCK
Direct
Shares
−133.27K
Price / share
$58.44
Trade value
$7.79M
% of position
36.9%
2/15/2024
361.59K→228.33K
Total
Net shares
+87.42K
Net value
-$3.27M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK Direct | 2/15/2024 | M · Option Exercise | +220.69K | $20.48 | $4.52M | 156.6% | 140.90K | 361.59K |
| CLASS A COMMON STOCK Direct | 2/15/2024 | F · Tax Withholding | −133.27K | $58.44 | $7.79M | 36.9% | 361.59K | 228.33K |
| Total | +87.42K | -$3.27M | ||||||
Derivative Transactions1
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Direct
Converts to
CLASS A COMMON STOCK
220.69K shares
Shares
−220.69K
Strike price
20.48
Held after
0.00
Exercisable
—
2/15/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) Direct | CLASS A COMMON STOCK220.69K shares | 2/15/2024 | M · Option Exercise | −220.69K | 20.48 | — | 0.00 |