Daniel R. Lee - May 19, 2021 Form 4 Insider Report for FULL HOUSE RESORTS INC (FLL)

Role: President & CEO, Director
Signature: /s/ Lewis A Fanger, Attorney-in-Fact
Stock symbol: FLL
Transactions as of: May 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/21/2021, 05:00 PM
Next filing: Mar 16, 2022

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership
holding	FLL	Common Stock	1.02M	May 19, 2021	Direct
holding	FLL	Common Stock	133K	May 19, 2021	By subtrust
holding	FLL	Common Stock	145K	May 19, 2021	By trust
holding	FLL	Common Stock	15.9K	May 19, 2021	As custodian for daughter

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FLL	Employee Stock Option (Right to Buy)	Award	$0	+92.1K		$0.00	92.1K	May 19, 2021	Common Stock	92.1K	$3.93	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 7, 2021, the compensation committee of the board of directors of Full House Resorts, Inc. (the "Company") approved an option grant to purchase a total of 124,120 shares at $3.93 per share. Of such total, 32,027 shares were reported on Mr. Lee's Form 4 filed on January 11, 2021. The option grant to purchase the remaining 92,093 shares at $3.93 per share was subject to stockholder approval of an increase to the number of available shares for issuance under the Company's 2015 Equity Incentive Plan (the "Plan"). The Company's stockholders approved the increase to the number of available shares for issuance under the Plan on May 19, 2021.
F2	The option vests in three equal annual installments beginning on January 7, 2022.

Content

On January 7, 2021, the compensation committee of the board of directors of Full House Resorts, Inc. (the "Company") approved an option grant to purchase a total of 124,120 shares at $3.93 per share. Of such total, 32,027 shares were reported on Mr. Lee's Form 4 filed on January 11, 2021. The option grant to purchase the remaining 92,093 shares at $3.93 per share was subject to stockholder approval of an increase to the number of available shares for issuance under the Company's 2015 Equity Incentive Plan (the "Plan"). The Company's stockholders approved the increase to the number of available shares for issuance under the Plan on May 19, 2021.

The option vests in three equal annual installments beginning on January 7, 2022.