Full House Resorts sets COO John Ferrucci salary $400K, equity grants

FULL HOUSE RESORTS INC

Base salary $400K/year with annual bonus up to 100% of salary based on performance criteria.
Granted nonqualified stock option for 50,000 shares at grant date closing price.
Awarded 5,734 restricted shares; both option and RSU vest in three equal annual tranches starting March 14, 2023.
Vesting subject to performance criteria including CAGR for Adjusted EBITDA and free cash flow per share.

item 5.02

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Appointed

John Ferrucci

Chief Operating Officer

FLL · FULL HOUSE RESORTS INC

Effective: 2022-03-14
Filed: March 18, 2022, 7:59 PM ET

On March 14, 2022, in connection with his appointment as Chief Operating Officer, the Compensation Committee approved a base salary for Mr. Ferrucci of $400,000 per year.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John Ferrucci was appointed as Chief Operating Officer at FULL HOUSE RESORTS INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On March 14, 2022, in connection with his appointment as Chief Operating Officer, the Compensation Committee approved a base salary for Mr. Ferrucci of $400,000 per year.

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FULL HOUSE RESORTS INC filing history →

Source: SEC EDGAR

accession 0000891482-22-000021

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