DANIEL R. LEE - 03 Jan 2022 Form 4 Insider Report for FULL HOUSE RESORTS INC (FLL)

Role
President & CEO, Director
Signature
/s/ Elaine Guidroz, Attorney-in-Fact
Issuer symbol
FLL
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 18:47:00 UTC
Previous filing
21 May 2021
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLL Common Stock 1,018,840 03 Jan 2022 Direct F1
holding FLL Common Stock 132,945 03 Jan 2022 By subtrust
holding FLL Common Stock 144,735 03 Jan 2022 By trust
holding FLL Common Stock 15,926 03 Jan 2022 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 +41,939 $0.000000 41,939 03 Jan 2022 Common Stock 41,939 $11.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not included in this report is the grant of 25,381 shares of restricted stock on January 3, 2022 pursuant to Mr. Lee's employment agreement under the Full House Resorts Inc. Equity Incentive Plan pursuant to the Annual Incentive Plan for Executives. The restricted stock will vest in three equal annual amounts, subject to the achievement of certain performance-based criteria in 2022, 2023 and 2024, including annual growth rates of EBITDA and free cash flow per share. Each such annual amount will be reported following the date of vesting.
F2 The option vests in three equal annual installments beginning on January 3, 2023.