Daniel R. Lee - Mar 31, 2025 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
Mar 31, 2025
Transactions value $
$0
Form type
4
Date filed
4/2/2025, 06:19 PM
Previous filing
Jan 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLL Common Stock 985K Mar 31, 2025 Direct F1
holding FLL Common Stock 146K Mar 31, 2025 By trust
holding FLL Common Stock 133K Mar 31, 2025 By subtrust
holding FLL Common Stock 15.9K Mar 31, 2025 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 +28.2K $0.00 28.2K Mar 31, 2025 Common Stock 28.2K $4.62 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the date of Mr. Lee's last report, Mr. Lee transferred 604,262 shares of common stock to his former spouse pursuant to a domestic relations order. Mr. Lee no longer reports as beneficially owned any securities owned by his former spouse.
F2 On January 2, 2025, the compensation committee of the board of directors of Full House Resorts, Inc. (the "Company") approved an option grant to purchase a total of 97,267 shares at $4.62 per share. Of such total, 69,027 shares were reported on Mr. Lee's Form 4 filed on January 3, 2025. The option grant to purchase the remaining 28,240 shares at $4.62 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") or the adoption of a successor plan thereto. Prior to such stockholder approval, a sufficient number of shares became available under the Plan due to employee departures from the Company. Therefore, as of the transaction date of this Form 4, there were a sufficient number of shares available under the Plan to grant the option to purchase the remaining 28,240 shares at $4.62 per share.
F3 The option vests in three equal annual installments beginning on January 2, 2026.