Showing unknottedness with relative maximum and minimum

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I want to prove

(Rolfsen) If an embedding $e: S^1 \rightarrow \mathbb{R}^3$ has only one relative maximum and minimum in the $z-$direction, then $e(S^1)$ is unknotted.

In particular, I do not have a clear intuition why the condition of relative maximum and minimum allows for the knot to be equivalent to the disc. I would assume that a "stretched out" trefoil knot (along the $z$-axis) would suffice as a contradiction to the aforementioned statement?

Even if I could get past the intuition, I am not sure how I could sufficiently construct a way to show isotopic equivalence (in general).

Any help would be much appreciated.

enter image description here

Edit: Something like this, where there is a relative max and min?