Daniel R. Lee - Jan 3, 2023 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
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 05:49 PM
Previous filing
May 13, 2022
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLL Common Stock 1.07M Jan 3, 2023 Direct F1
holding FLL Common Stock 146K Jan 3, 2023 By trust
holding FLL Common Stock 133K Jan 3, 2023 By subtrust
holding FLL Common Stock 15.9K Jan 3, 2023 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 +62.6K $0.00 62.6K Jan 3, 2023 Common Stock 62.6K $7.40 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 40,541 shares of restricted stock on January 3, 2023 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 2023, 2024 and 2025, 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, 2024.