SC 13D/A 1 d89182dsc13da.htm SC 13D/A NO. 9 SC 13D/A No. 9

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

(Amendment No. 9)

UNDER THE SECURITIES EXCHANGE ACT OF 1934*

 

 

Red Rock Resorts, Inc.

(Name of Issuer)

 

 

Common A Common Stock, par value $0.01

(Title of Class of Securities)

75700L108

(CUSIP Number)

Frank J. Fertitta III

1505 South Pavilion Center Drive

Las Vegas, Nevada 89135

(702) 495-3000

with a copy to:

Deborah J. Conrad, Esq.

Milbank LLP

2029 Century Park East, 33rd Floor

Los Angeles, California 90067

(424) 386-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

August 21, 2020

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box:  ☐

 

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

 

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  2  of 21 Pages

 

  (1)   

Name of reporting person

 

Fertitta Business Management LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

28,208,745

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

28,208,745

(11)  

Aggregate amount beneficially owned by each reporting person

 

28,208,745

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

28.37%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

2


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  3  of 21 Pages

 

  (1)   

Name of reporting person

 

FI Station Investor LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

22,656,184

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

22,656,184

(11)  

Aggregate amount beneficially owned by each reporting person

 

22,656,184

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

24.14%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

3


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  4  of 21 Pages

 

  (1)   

Name of reporting person

 

FBM Sub 1 LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

6,000,000

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

6,000,000

(11)  

Aggregate amount beneficially owned by each reporting person

 

6,000,000

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

7.77%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

4


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  5  of 21 Pages

 

  (1)   

Name of reporting person

 

The Frank J. Fertitta, III and Jill Ann Fertitta Family Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

2,697,535

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

2,697,535

(11)  

Aggregate amount beneficially owned by each reporting person

 

2,697,535

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

3.79%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

5


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  6  of 21 Pages

 

  (1)   

Name of reporting person

 

The Lorenzo J. Fertitta and Teresa Jo Fertitta Family Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

2,697,535

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

2,697,535

(11)  

Aggregate amount beneficially owned by each reporting person

 

2,697,535

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

3.79%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

6


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  7  of 21 Pages

 

  (1)   

Name of reporting person

 

Frank J. Fertitta, III 2006 Irrevocable Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

843,134

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

843,134

(11)  

Aggregate amount beneficially owned by each reporting person

 

843,134

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

1.18%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

7


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  8  of 21 Pages

 

  (1)   

Name of reporting person

 

Lorenzo J. Fertitta 2006 Irrevocable Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

843,134

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

843,134

(11)  

Aggregate amount beneficially owned by each reporting person

 

843,134

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

1.18%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

8


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  9  of 21 Pages

 

  (1)   

Name of reporting person

 

Fertitta Holdco LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

22,656,184

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

22,656,184

(11)  

Aggregate amount beneficially owned by each reporting person

 

22,656,184

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

24.14%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

9


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  10  of 21 Pages

 

  (1)   

Name of reporting person

 

Fertitta Investment LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

20,906,616

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

20,906,616

(11)  

Aggregate amount beneficially owned by each reporting person

 

20,906,616

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

22.70%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

10


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  11  of 21 Pages

 

  (1)   

Name of reporting person

 

KVF Investments, LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

8,609,629

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

8,609,629

(11)  

Aggregate amount beneficially owned by each reporting person

 

8,609,629

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

10.79%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

11


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  12  of 21 Pages

 

  (1)   

Name of reporting person

 

LNA Investments, LLC

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

8,609,629

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

8,609,629

(11)  

Aggregate amount beneficially owned by each reporting person

 

8,609,629

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

10.79%

(14)  

Type of reporting person (see instructions)

 

OO (Limited Liability Company)

 

12


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  13  of 21 Pages

 

  (1)   

Name of reporting person

 

F & J Fertitta Family Business Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

14,104,372

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

14,104,372

(11)  

Aggregate amount beneficially owned by each reporting person

 

14,104,372

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

16.53%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

13


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  14  of 21 Pages

 

  (1)   

Name of reporting person

 

L & T Fertitta Family Business Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

14,104,372

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

14,104,372

(11)  

Aggregate amount beneficially owned by each reporting person

 

14,104,372

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

16.53%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

14


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  15  of 21 Pages

 

  (1)   

Name of reporting person

 

F & J Fertitta Grandchildren’s 2020 Irrevocable Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

675,000

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

675,000

(11)  

Aggregate amount beneficially owned by each reporting person

 

675,000

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

0.95%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

15


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  16  of 21 Pages

 

  (1)   

Name of reporting person

 

L & T Fertitta Grandchildren’s 2020 Irrevocable Trust

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

Nevada

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

675,000

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

675,000

(11)  

Aggregate amount beneficially owned by each reporting person

 

675,000

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

0.95%

(14)  

Type of reporting person (see instructions)

 

OO (Trust)

 

16


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  17  of 21 Pages

 

  (1)   

Name of reporting person

 

Frank J. Fertitta III

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

U.S.A.

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

49,643,672

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

49,643,672

(11)  

Aggregate amount beneficially owned by each reporting person

 

49,643,672

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

42.57%

(14)  

Type of reporting person (see instructions)

 

IN

 

17


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  18  of 21 Pages

 

  (1)   

Name of reporting person

 

Lorenzo J. Fertitta

  (2)  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  (3)  

SEC use only

 

  (4)  

Source of funds

 

OO (See Item 3)

  (5)  

Check box if disclosure of legal proceeding is required pursuant to items 2(d) or 2(e)

 

  (6)  

Citizenship or place of organization

 

U.S.A.

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     (7)    

Sole voting power

 

0

     (8)   

Shared voting power

 

49,643,672

     (9)   

Sole dispositive power

 

0

   (10)   

Shared dispositive power

 

49,643,672

(11)  

Aggregate amount beneficially owned by each reporting person

 

49,643,672

(12)  

Check box if the aggregate amount in row (11) excludes certain shares

 

(13)  

Percent of class represented by amount in row (11)

 

42.57%

(14)  

Type of reporting person (see instructions)

 

IN

 

18


SCHEDULE 13D

 

CUSIP No. 75700L108   Page  19  of 21 Pages

 

EXPLANATORY NOTE

This Amendment No. 9 to Schedule 13D (this “Amendment No. 9”) amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on May 12, 2016 (the “Original Schedule 13D”), as amended by Amendment No. 1 to Schedule 13D filed with the SEC on May 20, 2016 (“Amendment No. 1), as amended by Amendment No. 2 to Schedule 13D filed with the SEC on August 12, 2019 (“Amendment No. 2”), as amended by Amendment No. 3 to Schedule 13D filed with the SEC on August 16, 2019 (“Amendment No. 3”), as amended by Amendment No. 4 to Schedule 13D filed with the SEC on August 23, 2019 (“Amendment No. 4”), as amended by Amendment No. 5 to Schedule 13D filed with the SEC on August 10, 2020 (“Amendment No. 5”), as amended by Amendment No. 6 to Schedule 13D filed with the SEC on August 11, 2020 (“Amendment No. 6”), as amended by Amendment No. 7 to Schedule 13D filed with the SEC on August 13, 2020 (“Amendment No. 7”), as amended by Amendment No. 8 to Schedule 13D filed with the SEC on August 19, 2020 (“Amendment No. 8” and together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6 and Amendment No. 7, the “Schedule 13D”), as specifically set forth herein. Capitalized terms used but not defined in this Amendment No. 9 have the meanings given to such terms in the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7 and Amendment No. 8, as the case may be.

Item 2. Identity and Background

The second paragraph of Item 2(a) is amended and restated in its entirety to read as follows:

As of the date of this statement, (i) FI Station is the record owner of 42,199 shares of Class A Common Stock, 22,613,985 shares of Class B Common Stock and 22,613,985 LLC Units, (ii) FBM Sub 1 is the record owner of 6,000,000 shares of Class B Common Stock and 6,000,000 LLC Units; (iii) FBM is the record owner of 10,127 shares of Class A Common Stock, 28,198,618 shares of Class B Common Stock and 28,198,618 LLC Units, (iv) the F&J Fertitta Family Trust is the record owner of 2,697,535 shares of Class A Common Stock, (v) the L&T Fertitta Family Trust is the record owner of 2,697,535 shares of Class A Common Stock, (vi) the FJF Irrevocable Trust is the record owner of 843,134 shares of Class A Common Stock, (vii) the LJF Irrevocable Trust is the record owner of    843,134 shares of Class A Common Stock, (viii) F&J Fertitta Grandchildren’s Trust is the record owner of 675,000 shares of Class A Common Stock and (ix) L&T Fertitta Grandchildren’s Trust is the record owner of 675,000 shares of Class A Common Stock. FI Station’s principal business is to invest in the equity securities of Holdco and the Issuer. FBM Sub 1’s principal business is to hold securities of Holdco and the Issuer. FBM’s principal business is to invest in the equity securities of Holdco and the Issuer as well as other business enterprises of Frank J. Fertitta, III and Lorenzo J. Fertitta. The principal business of each of the F&J Fertitta Family Trust, L&T Fertitta Family Trust, FJF Irrevocable Trust, LJF Irrevocable Trust, F&J Fertitta Grandchildren’s Trust and L&T Fertitta Grandchildren’s Trust is to hold assets for its beneficiaries. Fertitta Investment is the majority member of FI Station, and Fertitta Investments’ principal business is to act as such. KVF and LNA are members of FI Station and Fertitta Investment and their principal business is to invest in the equity securities of the Issuer and Holdco as well as other business enterprises of Frank J. Fertitta III and Lorenzo J. Fertitta. The F&J Trust and the L&T Trust are the members of FBM and their principal business is to invest in the equity securities of the Issuer and Holdco as well as other business enterprises of Frank J. Fertitta III and Lorenzo J. Fertitta. Fertitta Holdco is the manager of FI Station and Fertitta Investment and its principal business is to manage FI Station and Fertitta Investment and other business enterprises of Frank J. Fertitta III and Lorenzo J. Fertitta.

Item 3. Source and Amount of Funds or Other Consideration

Item 3 is amended by adding the following paragraph:

Between August 18, 2020 and August 21, 2020, the F&J Fertitta Family Trust, the L&T Fertitta Family Trust, the FJF Irrevocable Trust and the LJF Irrevocable Trust purchased an aggregate of 760,400 shares of Class A Common Stock for aggregate consideration of $12,726,272 (inclusive of broker fees). The purchases were funded from cash on hand.

 

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SCHEDULE 13D

 

CUSIP No. 75700L108   Page  20  of 21 Pages

 

Item 5. Interest in Securities of the Issuer

Item 5(a) and (b) are amended and restated to read as follows:

(a) and (b) The following table sets forth the aggregate number and percentage of the Class A Common Stock beneficially owned by each Reporting Person (based on 71,227,537 shares of Class A Common Stock outstanding as of July 31, 2020). The aggregate number and percentage of the Class A Common Stock beneficially owned by each Reporting Person is calculated in accordance with Rule 13d-3.

 

Reporting Person

   Number of Shares
Beneficially Owned
   Percentage of Class A
Common Stock
Outstanding(1)

FBM

   28,208,745    28.37%

FI Station

   22,656,184    24.14%

FBM Sub 1

   6,000,000    7.77%

F&J Fertitta Family Trust

   2,697,535    3.79%

L&T Fertitta Family Trust

   2,697,535    3.79%

FJF Irrevocable Trust

   843,134    1.18%

LJF Irrevocable Trust

   843,134    1.18%

Fertitta Holdco

   22,656,184    24.14%

Fertitta Investment

   20,906,616    22.70%

KVF

   8,609,629    10.79%

LNA

   8,609,629    10.79%

F&J Trust

   14,104,372    16.53%

L&T Trust

   14,104,372    16.53%

F&J Fertitta Grandchildren’s Trust

   675,000    0.95%

L&T Fertitta Grandchildren’s Trust

   675,000    0.95%

Frank J. Fertitta III

   49,643,672    42.57%

Lorenzo J. Fertitta

   49,643,672    42.57%

Total for Group

   53,859,341    46.19%

 

(1)

Based on the number of shares of Class A Common Stock (71,227,537) issued and outstanding as of July 31, 2020, and assuming all outstanding LLC Units beneficially owned by the Reporting Person were exchanged for newly-issued shares of Class A Common Stock on a one-for-one basis.

Item 5(c) is amended and restated to read as follows:

(c) All transactions in the Class A Common Stock effected by the Reporting Persons in the past sixty days are set forth in Exhibit 19 attached hereto. All such transactions were effected in the open market through a broker, and the prices exclude commissions.

Item 7. Material to be Filed as Exhibits

 

Exhibit

  

Description

Exhibit 1    Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (incorporated by reference to Exhibit 19 to Amendment No. 5 to the Schedule 13D filed by certain of the Reporting Persons on August 10, 2020).
Exhibit 2    Power of Attorney for Frank J. Fertitta III (incorporated by reference to Exhibit 1 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 3    Power of Attorney for Fertitta Business Management LLC (incorporated by reference to Exhibit 2 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 4    Power of Attorney for FI Station Investor LLC (incorporated by reference to Exhibit 3 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).

 

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SCHEDULE 13D

 

CUSIP No. 75700L108   Page  21  of 21 Pages

 

Exhibit 5    Power of Attorney for Fertitta Investment LLC (incorporated by reference to Exhibit 4 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 6    Power of Attorney for KVF Investments, LLC (incorporated by reference to Exhibit 5 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 7    Power of Attorney for LNA Investments, LLC (incorporated by reference to Exhibit 7 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 8    Power of Attorney for F & J Fertitta Family Business Trust (incorporated by reference to Exhibit 8 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 9    Power of Attorney for L & T Fertitta Family Business Trust (incorporated by reference to Exhibit 9 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 10    Power of Attorney for Lorenzo J. Fertitta (incorporated by reference to Exhibit 10 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 11    Power of Attorney for Fertitta Holdco LLC (incorporated by reference to Exhibit 11 to Amendment No. 1 to the Schedule 13D filed by certain of the Reporting Persons on May 20, 2016).
Exhibit 12    Power of Attorney for The Frank J. Fertitta, III and Jill Ann Fertitta Family Trust (incorporated by reference to Exhibit 11 to Amendment No. 2 to the Schedule 13D filed by certain of the Reporting Persons on August 12, 2019).
Exhibit 13    Power of Attorney for The Lorenzo J. Fertitta and Teresa Jo Fertitta Family Trust (incorporated by reference to Exhibit 12 to Amendment No. 2 to the Schedule 13D filed by certain of the Reporting Persons on August 12, 2019).
Exhibit 14    Power of Attorney for Frank J. Fertitta, III 2006 Irrevocable Trust (incorporated by reference to Exhibit 13 to Amendment No. 2 to the Schedule 13D filed by certain of the Reporting Persons on August 12, 2019).
Exhibit 15    Power of Attorney for Lorenzo J. Fertitta 2006 Irrevocable Trust (incorporated by reference to Exhibit 14 to Amendment No. 2 to the Schedule 13D filed by certain of the Reporting Persons on August 12, 2019).
Exhibit 16    Power of Attorney for FBM Sub 1 LLC (incorporated by reference to Exhibit 15 to Amendment No. 2 to the Schedule 13D filed by certain of the Reporting Persons on August 12, 2019).
Exhibit 17    Power of Attorney for F & J Fertitta Grandchildren’s 2020 Irrevocable Trust (incorporated by reference to Exhibit 17 to Amendment No. 5 to the Schedule 13D filed by the Reporting Persons on August 10, 2020).
Exhibit 18    Power of Attorney for L & T Fertitta Grandchildren’s 2020 Irrevocable Trust (incorporated by reference to Exhibit 18 to Amendment No. 5 to the Schedule 13D filed by the Reporting Persons on August 10, 2020).
Exhibit 19    Schedule of transactions effected during the last 60 days.

 

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SIGNATURES

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.

Dated: August 25, 2020

 

Fertitta Business Management LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

FI Station Investor LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

FBM Sub 1 LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

The Frank J. Fertitta, III and Jill Ann Fertitta Family Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

The Lorenzo J. Fertitta and Teresa Jo Fertitta Family Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

Frank J. Fertitta, III 2006 Irrevocable Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

Lorenzo J. Fertitta 2006 Irrevocable Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

Fertitta Investment LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact


Fertitta Holdco LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

LNA Investments, LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

KVF Investments, LLC
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

F & J Fertitta Family Business Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

L & T Fertitta Family Business Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

F & J Fertitta Grandchildren’s 2020 Irrevocable Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

L & T Fertitta Grandchildren’s 2020 Irrevocable Trust
By:   /s/ John Hertig
  Name: John Hertig
  Title:   Attorney-in-Fact

 

/s/ John Hertig as Attorney-in-Fact
Frank J. Fertitta III

 

/s/ John Hertig as Attorney-in-Fact
Lorenzo J. Fertitta