Sec Form 4 Filing - Farahi David-Jacques @ MONARCH CASINO & RESORT INC - 2019-02-01

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 David-Jacques
2. Issuer Name and Ticker or Trading Symbol
MONARCH CASINO & RESORT INC [ MCRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
3800 S. VIRGINIA STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/01/2019
(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
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
Options / Right to Buy $ 44.31 03/01/2019 A 1,666 03/01/2022 03/01/2029 Common Stock 1,666 $ 44.31 294,998 D
Options / Right to Buy $ 43.3 02/01/2019 A 13,334 02/01/2022 02/01/2029 Common Stock 13,334 $ 43.3 294,998 D
Options / Right to Buy $ 47.05 09/01/2021 09/01/2028 Common Stock 11,666 294,998 D
Options / Right to Buy $ 47.81 08/01/2021 08/01/2028 Common Stock 6,667 294,998 D
Options / Right to Buy $ 42.74 ( 1 ) 05/03/2028 Common Stock 50,000 294,998 D
Options / Right to Buy $ 42.46 03/01/2021 03/01/2028 Common Stock 1,667 294,998 D
Options / Right to Buy $ 45.55 02/01/2021 02/01/2028 Common Stock 13,333 294,998 D
Options / Right to Buy $ 35.1 09/01/2020 09/01/2027 Common Stock 11,666 294,998 D
Options / Right to Buy $ 33.34 08/01/2020 08/01/2027 Common Stock 6,667 294,998 D
Options / Right to Buy $ 26.93 03/01/2020 03/01/2027 Common Stock 1,666 294,998 D
Options / Right to Buy $ 23.54 02/01/2020 02/01/2027 Common Stock 13,333 294,998 D
Options / Right to Buy $ 23.63 09/01/2019 09/01/2026 Common Stock 11,667 294,998 D
Options / Right to Buy $ 23.52 08/01/2019 08/01/2026 Common Stock 6,666 294,998 D
Options / Right to Buy $ 20.49 03/01/2019 03/01/2026 Common Stock 1,666 294,998 D
Options / Right to Buy $ 17.6 08/21/2018 08/21/2025 Common Stock 10,000 294,998 D
Options / Right to Buy $ 18.44 08/13/2018 08/13/2025 Common Stock 1,667 294,998 D
Options / Right to Buy $ 20.69 07/12/2018 07/12/2025 Common Stock 6,667 294,998 D
Options / Right to Buy $ 17.08 02/10/2018 02/10/2025 Common Stock 1,667 294,998 D
Options / Right to Buy $ 12.4 08/13/2017 08/13/2024 Common Stock 1,667 294,998 D
Options / Right to Buy $ 14.95 07/12/2017 07/12/2024 Common Stock 6,667 294,998 D
Options / Right to Buy $ 18.41 02/10/2017 02/10/2024 Common Stock 1,666 294,998 D
Options / Right to Buy $ 19 ( 2 ) 01/17/2024 Common Stock 40,000 294,998 D
Options / Right to Buy $ 20 08/13/2016 08/13/2023 Common Stock 1,667 294,998 D
Options / Right to Buy $ 17.79 07/12/2016 07/12/2023 Common Stock 6,666 294,998 D
Options / Right to Buy $ 10.33 02/10/2016 02/10/2023 Common Stock 1,666 294,998 D
Options / Right to Buy $ 7.55 ( 3 ) 08/21/2022 Common Stock 30,000 294,998 D
Options / Right to Buy $ 7.42 08/13/2015 08/13/2022 Common Stock 1,667 294,998 D
Options / Right to Buy $ 9.3 08/13/2014 08/13/2021 Common Stock 1,667 294,998 D
Options / Right to Buy $ 10.2 ( 4 ) 07/12/2020 Common Stock 20,000 294,998 D
Options / Right to Buy ( 6 ) ( 5 ) ( 5 ) Common Stock 10,000 294,998 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Farahi David-Jacques
3800 S. VIRGINIA STREET
RENO, NV89502
CEO
Signatures
David Farahi 03/05/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On May 3, 2018, Mr. Farahi was granted 50,000 stock options, which vest as follows: 16,666 vest on May 3, 2021; 16,667 vest on May 3, 2022 and 16,667 vest on May 3, 2023.
( 2 )On January 17, 2014, Mr. Farahi was granted 40,000 stock options, which vest as follows: 13,333 vest on January 17, 2017; 13,333 vest on January 17, 2018 and 13,334 vest on January 17, 2019.
( 3 )On August 21, 2012, Mr. Farahi was granted 30,000 stock options, which vest as follows: 10,000 vest on August 21, 2015; 10,000 vest on August 21, 2016 and 10,000 vest on August 21, 2017.
( 4 )On July 12, 2010, Mr. Farahi was granted 20,000 stock options, which vest as follows: 6,666 vest on July 12, 2013; 6,667 vest on July 12, 2014 and 6,667 vest on July 12, 2015.
( 5 )On June 21, 2010, Mr. Farahi was granted 5,000 stock options at $11.15, which vest as follows: 1,666 vest on June 21, 2013; 1,667 vest on June 21, 2014 and 1,667 vest on June 21, 2015 and expires on June 21, 2020.On February 10, 2010, Mr. Farahi was granted 5,000 stock options at a price of 6.72, which vest as follows: 1,666 vest on February 10, 2013; 1,667 vest on February 10, 2014 and 1,667 vest on February 10, 2015 and expires on 2/10/2020.
( 6 )5,000 shares are at price of 11.15 and 5,000 shares are at 6.72.

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