Sec Form 4 Filing - YEISLEY REXFORD A @ ISLE OF CAPRI CASINOS INC - 2005-11-21

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 YEISLEY REXFORD A 2. Issuer Name and Ticker or Trading Symbol ISLE OF CAPRI CASINOS INC [ ISLE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SENIOR VICE PRESIDENT (Last) (First) (Middle) 1641 POPPS FERRY ROAD 3. Date of Earliest Transaction (MM/DD/YY) 11/21/2005 (Street) BILOXI, MS39532 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 11/21/2005 11/22/2005 M 13,500 A $ 15.47 58,352.56 D Common Stock 11/21/2005 11/22/2005 M 15,998 A $ 6.5 74,350.56 D Common Stock 11/21/2005 11/22/2005 M 2,525 A $ 16.21 76,875.56 D Common Stock 11/21/2005 11/22/2005 M 5,673 A $ 16.21 82,548.56 D Common Stock 11/21/2005 11/22/2005 M 1,572 A $ 17.345 84,120.56 D Common Stock 11/21/2005 11/22/2005 M 4,255 A $ 17.345 88,375.56 D Common Stock 11/21/2005 11/22/2005 M 1 A $ 17.345 88,376.56 D Common Stock 11/21/2005 11/22/2005 M 188 A $ 16.21 88,564.56 D Common Stock 11/21/2005 11/22/2005 M 7,600 A $ 15.535 96,164.56 D Common Stock 11/21/2005 11/22/2005 M 3,600 A $ 20.55 99,764.56 D Common Stock 11/21/2005 11/22/2005 M 213 A $ 17.345 99,977.56 D Common Stock 11/21/2005 11/22/2005 M 3,600 A $ 10.25 103,577.56 D Common Stock 11/21/2005 11/22/2005 S 58,725 D $ 27.02 ( 1 ) 44,852.56 D

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 Stock Options (Right to buy) $ 6.5 11/21/2005 11/22/2005 M 15,998 10/02/2002 10/02/2011 Common Stock 15,998 $ 6.5 16,000 ( 2 ) D Stock Options (Right to buy) $ 10.25 11/21/2005 11/22/2005 M 3,600 09/22/2000 09/22/2009 Common Stock 3,600 $ 10.25 0 ( 3 ) D Stock Options (Right to buy) $ 15.47 11/21/2005 11/22/2005 M 13,500 09/15/2001 09/15/2010 Common Stock 13,500 $ 15.47 4,500 ( 4 ) D Stock Options (Right to buy) $ 15.535 11/21/2005 11/22/2005 M 7,600 10/08/2006 10/08/2012 Common Stock 7,600 $ 15.535 11,400 D Stock Options (Right to buy) $ 16.21 11/21/2005 11/22/2005 M 188 01/31/2002 12/20/2006 Common Stock 188 $ 16.21 0 D Stock Options (Right to buy) $ 16.21 11/21/2005 11/22/2005 M 5,673 01/31/2002 09/25/2007 Common Stock 5,673 $ 16.21 0 D Stock Options (Right to buy) $ 16.21 11/21/2005 11/22/2005 M 2,525 01/31/2002 09/25/2008 Common Stock 2,525 $ 16.21 0 D Stock Options (Right to buy) $ 17.345 11/21/2005 11/22/2005 M 213 06/29/2004 09/25/2007 Common Stock 213 $ 17.345 0 D Stock Options (Right to buy) $ 17.345 11/21/2005 11/22/2005 M 1,572 06/29/2004 09/25/2008 Common Stock 1,572 $ 15.72 0 D Stock Options (Right to buy) $ 17.345 11/21/2005 11/22/2005 M 4,255 06/29/2004 09/22/2009 Common Stock 4,255 $ 17.345 0 D Stock Options (Right to buy) $ 17.345 11/21/2005 11/22/2005 M 1 06/29/2004 10/02/2011 Common Stock 1 $ 17.345 0 D Stock Options (Right to buy) $ 20.55 11/21/2005 11/22/2005 M 3,600 10/10/2003 10/10/2013 Common Stock 3,600 $ 20.55 14,400 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other YEISLEY REXFORD A 1641 POPPS FERRY ROAD BILOXI, MS39532 SENIOR VICE PRESIDENT Signatures Rexford A Yeisley 11/22/2005 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Price per share represents an average based on same day sale of stock. ( 2 )Exercisable 20% per year beginning 10/02/02 to 10/02/06, respectively. ( 3 )Exercisable 20% per year beginning 09/22/00 to 09/22/04, respectively. ( 4 )Exercisable 20% per year beginning 09/15/01 to 09/15/05, respectively.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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