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Filing Details

Accession Number:: 0001415889-25-017531
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-06-17 16:20:35
Reporting Period:: 2025-06-13

Filing Date:: 2025-06-17
Accepted Time:: 2025-06-17 16:20:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
891482	Full House Resorts Inc	FLL	Hotels & Motels (7011)	133391527

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1209589	R Daniel Lee	C/O Full House Resorts, Inc. 1980 Festival Plaza Drive, Suite 680 Las Vegas NV 89135	Chief Executive Officer	No	No	No	No

Transaction Summary

Purchased:	276,300 shares	Avg. Price: $4.75	Total Value: $1,312,425.00
Number of Shares After Transactions:	317,145 shares

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2025-06-13	92,100	$4.75	1,076,718	No	4	P	Direct
Common Stock	Acquisiton	2025-06-13	184,200	$4.75	317,145	No	4	P	Indirect	By subtrust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By subtrust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Call Option (right to buy)	Acquisiton	2025-06-13	184,200	$0.00	184,200	$4.75
Common Stock	Put Option (obligation to purchase)	Disposition	2025-06-13	184,200	$0.00	184,200	$4.75
Common Stock	Employee Stock Option (right to buy)	Acquisiton	2025-06-14	24,696	$0.00	24,696	$3.03

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
184,200	2025-06-13	2026-06-13	No	4	P	Direct
184,200	2025-06-13	2026-06-26	No	4	S	Direct
24,696		2035-06-14	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	145,735	Indirect	By trust
Common Stock	15,926	Indirect	As custodian for daughter

Footnotes

In a private transaction dated June 13, 2025, Mr. Lee purchased 92,100 shares of common stock of Full House Resorts, Inc. (the "Company") directly and 184,200 shares of the Company's common stock indirectly through a subtrust for the benefit of Mr. Lee's children, both at a purchase price of $4.75 per share, and obtained a call option to purchase 184,200 additional shares of the Company's common stock at that same price. The call option expires on June 13, 2026. Seller also has the right to cause Mr. Lee to purchase the additional shares at that same price beginning on June 13, 2026 and for a period of ten business days thereafter. In addition, if the closing price of the Company's common stock as reported by NASDAQ is at a price per share of $4.75 or greater on any day prior to June 13, 2026, then Seller also has the right to cause Mr. Lee to purchase such additional shares for $4.75 per share on the next business day.
Not included in this report is the grant of 16,502 shares of restricted stock approved on June 14, 2025 by the compensation committee of the board of directors (the "Compensation Committee") of the Company pursuant to Mr. Lee's new employment agreement and under the Company's 2025 Equity Incentive Plan and 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 2025, 2026 and 2027, including annual growth rates of EBITDA and free cash flow per share. Each such annual amount will be reported following the date of vesting.
This price was the closing price of the Company's common stock on June 13, 2025.
The option vests in three equal annual installments beginning on June 14, 2026.