Sec Form 4 Filing - FARAHI JOHN @ MONARCH CASINO & RESORT INC - 2017-11-01

Insider filing report for Changes in Beneficial Ownership
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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
FARAHI JOHN
2. Issuer Name and Ticker or Trading Symbol
MONARCH CASINO & RESORT INC [ MCRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA ST.
3. Date of Earliest Transaction (MM/DD/YY)
11/01/2017
(Street)
RENO, NV89502
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 1,791,983 D
Common Stock 272,047 I by trust
Common Stock 276,749 I by trust
Common Stock 276,749 I by trust
Common Stock 276,749 I by trust
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
Option/Right to Buy $ 45.32 11/01/2017 A 66,668 11/01/2020 11/01/2027 Common Stock 66,668 $ 45.32 466,668 D
Option/Right to Buy $ 23.08 11/01/2019 11/01/2026 Common Stock 66,666 466,668 D
Option/Right to Buy $ 17.62 10/21/2018 10/21/2025 Common Stock 66,666 466,668 D
Option/Right to Buy $ 12.32 10/21/2017 10/21/2024 Common Stock 66,668 466,668 D
Option/Right to Buy $ 21.71 10/21/2016 10/21/2023 Common Stock 66,666 466,668 D
Option/Right to Buy $ 8.56 10/09/2015 10/09/2022 Common Stock 66,666 466,668 D
Option/Right to Buy $ 9.33 10/21/2014 10/21/2021 Common Stock 66,668 466,668 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FARAHI JOHN
MONARCH CASINO & RESORT INC
3800 S. VIRGINIA ST.
RENO, NV89502
X X CEO
Signatures
John Farahi 11/02/2017
Signature of Reporting Person Date
Explanation of Responses:

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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