DANIEL R. LEE - 03 Jan 2023 Form 4 Insider Report for FULL HOUSE RESORTS INC (FLL)

Role
President & CEO, Director
Signature
/s/ Lewis A. Fanger, Attorney-in-Fact
Issuer symbol
FLL
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 17:49:15 UTC
Previous filing
13 May 2022
Next filing
13 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLL Common Stock 1,068,165 03 Jan 2023 Direct F1
holding FLL Common Stock 145,735 03 Jan 2023 By trust
holding FLL Common Stock 132,945 03 Jan 2023 By subtrust
holding FLL Common Stock 15,926 03 Jan 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 +62,578 $0.000000 62,578 03 Jan 2023 Common Stock 62,578 $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.