Sec Form 4 Filing - LEE DANIEL R @ FULL HOUSE RESORTS INC - 2025-06-13

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person LEE DANIEL R 2. Issuer Name and Ticker or Trading Symbol FULL HOUSE RESORTS INC [ FLL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680 3. Date of Earliest Transaction (MM/DD/YY) 06/13/2025 (Street) LAS VEGAS, NV89135 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock ( 1 ) 06/13/2025 P 92,100 A $ 4.75 1,076,718 ( 2 ) D Common Stock ( 1 ) 06/13/2025 P 184,200 A $ 4.75 317,145 I By subtrust Common Stock 145,735 I By trust Common Stock 15,926 I As custodian for daughter

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Call Option (right to buy) ( 1 ) $ 4.75 06/13/2025 P 184,200 06/13/2025 06/13/2026 Common Stock 184,200 $ 0 184,200 D Put Option (obligation to purchase) ( 1 ) $ 4.75 06/13/2025 S 184,200 06/13/2025 06/26/2026 Common Stock 184,200 $ 0 184,200 D Employee Stock Option (right to buy) $ 3.03 ( 3 ) 06/14/2025 A 24,696 ( 4 ) 06/14/2035 Common Stock 24,696 $ 0 24,696 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other LEE DANIEL R C/O FULL HOUSE RESORTS, INC. 1980 FESTIVAL PLAZA DRIVE, SUITE 680 LAS VEGAS, NV89135 X Chief Executive Officer Signatures /s/ Lewis A. Fanger, Attorney-in-Fact 06/17/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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. ( 3 )This price was the closing price of the Company's common stock on June 13, 2025. ( 4 )The option vests in three equal annual installments beginning on June 14, 2026.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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