Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*
Wynn Resorts, Limited
(Name of Issuer)
Common Stock
(Title of Class of Securities)
983134107
(CUSIP Number)
September 30, 2024
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ¨ | Rule 13d-1(b) |
| x | Rule 13d-1(c) |
| ¨ | Rule 13d-1(d) |
* 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 the disclosures provided in a prior cover page.
The information required in 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).
| CUSIP No. 983134107 | Schedule 13G | Page 1 of 9 |
| 1 | Names of Reporting Persons
Tilman J. Fertitta | ||
| 2 | Check the Appropriate Box if a Member of a Group (a)
¨ | ||
| 3 | SEC Use Only
| ||
| 4 | Citizenship or Place of Organization
United States | ||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 161,925 |
|
| 6 | Shared Voting Power
10,738,075 |
||
| 7 | Sole Dispositive Power
161,925 |
||
| 8 | Shared Dispositive Power
10,738,075 |
||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
10,900,000 | ||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable | ||
| 11 | Percent of Class Represented by Amount in Row 9
9.9% | ||
| 12 | Type of Reporting Person
IN | ||
| CUSIP No. 983134107 | Schedule 13G | Page 2 of 9 |
| 1 | Names of Reporting Persons
Fertitta Entertainment, Inc. | ||
| 2 | Check the Appropriate Box if a Member of a Group (a)
¨ | ||
| 3 | SEC Use Only
| ||
| 4 | Citizenship or Place of Organization
Texas | ||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 |
|
| 6 | Shared Voting Power
10,738,075 |
||
| 7 | Sole Dispositive Power
0 |
||
| 8 | Shared Dispositive Power
10,738,075 |
||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
10,738,075 | ||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable | ||
| 11 | Percent of Class Represented by Amount in Row 9
9.8% | ||
| 12 | Type of Reporting Person
CO | ||
| CUSIP No. 983134107 | Schedule 13G | Page 3 of 9 |
| 1 | Names of Reporting Persons
Hospitality Headquarters, Inc. | ||
| 2 | Check the Appropriate Box if a Member of a Group (a)
¨ | ||
| 3 | SEC Use Only
| ||
| 4 | Citizenship or Place of Organization Texas | ||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
0 |
|
| 6 | Shared Voting Power
6,863,324 |
||
| 7 | Sole Dispositive Power
0 |
||
| 8 | Shared Dispositive Power
6,863,324 |
||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
6,863,324 | ||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable | ||
| 11 | Percent of Class Represented by Amount in Row 9
6.2% | ||
| 12 | Type of Reporting Person
CO | ||
| CUSIP No. 983134107 | Schedule 13G | Page 4 of 9 |
| 1 | Names of Reporting Persons
Fertitta Entertainment, LLC | ||
| 2 | Check the Appropriate Box if a Member of a Group (a)
¨ | ||
| 3 | SEC Use Only
| ||
| 4 | Citizenship or Place of Organization Texas | ||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
0 |
|
| 6 | Shared Voting Power
3,864,751 |
||
| 7 | Sole Dispositive Power
0 |
||
| 8 | Shared Dispositive Power
3,864,751 |
||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
3,864,751 | ||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable | ||
| 11 | Percent of Class Represented by Amount in Row 9
3.5% | ||
| 12 | Type of Reporting Person
CO | ||
| CUSIP No. 983134107 | Schedule 13G | Page 5 of 9 |
| ITEM 1. | (a) | Name of Issuer: |
Wynn Resorts, Limited (the “Issuer”).
| (b) | Address of Issuer’s Principal Executive Offices: |
3131 Las Vegas Boulevard South, Las Vegas, NV 89109
| ITEM 2. | (a) | Name of Person Filing: |
Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:
Tilman J. Fertitta
Fertitta Entertainment, Inc.
Hospitality Headquarters, Inc.
Fertitta Entertainment, LLC
| (b) | Address or Principal Business Office: |
The principal business address of each of the Reporting Persons is c/o Fertitta Entertainment, Inc., 1510 West Loop South, Houston, TX 77027.
| (c) | Citizenship of each Reporting Person is: |
Tilman J. Fertitta is a citizen of the United States. Each of Fertitta Entertainment, Inc., Hospitality Headquarters, Inc. and Fertitta Entertainment, LLC is organized under the laws of the State of Texas.
| (d) | Title of Class of Securities: |
Common Stock, par value $0.01 per share (“Common Stock”).
| (e) | CUSIP Number: |
983134107
| ITEM 3. |
Not applicable.
| CUSIP No. 983134107 | Schedule 13G | Page 6 of 9 |
| ITEM 4. | Ownership. |
(a-c)
The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of the date of this filing, based upon 109,814,972 shares of Common Stock outstanding as of October 29, 2024, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2024.
| Reporting Person | Amount beneficially owned |
Percent of class: |
Sole
power to vote or to direct the vote: |
Shared
power to vote or to direct the vote: |
Sole power to dispose or to direct the disposition of: |
Shared
power to dispose or to direct the disposition of: |
||||||||||||||||||
| Tilman J. Fertitta | 10,900,000 |
9.9 | % | 161,925 |
10,738,075 |
161,925 |
10,738,075 |
|||||||||||||||||
| Fertitta Entertainment, Inc. | 10,738,075 | 9.8 | % | 0 | 10,738,075 | 0 | 10,738,075 | |||||||||||||||||
| Hospitality Headquarters, Inc. | 6,863,324 | 6.2 | % | 0 | 6,863,324 | 0 | 6,863,324 | |||||||||||||||||
| Fertitta Entertainment, LLC | 3,864,751 | 3.5 | % | 0 | 3,864,751 | 0 | 3,864,751 | |||||||||||||||||
The amount of Common Stock reported as beneficially owned above includes (i) 161,925 shares of Common Stock that are beneficially owned by Mr. Fertitta; (ii) 10,000 shares of Common Stock that are beneficially owned by Fertitta Entertainment, Inc.; (iii) 6,863,324 shares of Common Stock that are beneficially owned by Hospitality Headquarters, Inc.; and (iv) 3,864,751 shares of Common Stock that are beneficially owned by Fertitta Entertainment, LLC. Mr. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters, Inc. and the sole indirect owner of Fertitta Entertainment, LLC. As such, Mr. Fertitta may be deemed to share beneficial ownership of the securities beneficially owned by Fertitta Entertainment, Inc., Hospitality Headquarters, Inc. and Fertitta Entertainment, LLC.
| ITEM 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
| ITEM 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| ITEM 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
Not applicable.
| CUSIP No. 983134107 | Schedule 13G | Page 7 of 9 |
| ITEM 8. | Identification and Classification of Members of the Group. |
Not applicable.
| ITEM 9. | Notice of Dissolution of Group. |
Not applicable.
| ITEM 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
| CUSIP No. 983134107 | Schedule 13G | Page 8 of 9 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 13, 2024
| Tilman J. Fertitta | ||
| /s/ Tilman J. Fertitta | ||
| Fertitta Entertainment, Inc. | ||
| /s/ Tilman J. Fertitta | ||
| Name: | Tilman J. Fertitta | |
| Title: | President and CEO | |
| Hospitality Headquarters, Inc. | ||
| /s/ Tilman J. Fertitta | ||
| Name: | Tilman J. Fertitta | |
| Title: | President and CEO | |
| Fertitta Entertainment, LLC | ||
| /s/ Tilman J. Fertitta | ||
| Name: | Tilman J. Fertitta | |
| Title: | President | |
| CUSIP No. 983134107 | Schedule 13G | Page 9 of 9 |
LIST OF EXHIBITS
| Exhibit No. | Description | |
| 99 | Joint Filing Agreement. |