SEC Form 4 · accession 0000907242-15-000006

MONARCH CASINO & RESORT INC · MCRI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President · Director

Period of report

Oct 1, 2015

Accepted (ET)

Oct 5, 2015 · 5:21 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000907242

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Oct 1, 2015	J	300,000	—	D	520,614	D
Common Stock^F1	Oct 1, 2015	J	100,000	—	A	435,000	I	by trust
Common Stock^F1	Oct 1, 2015	J	100,000	—	A	434,626	I	by trust
Common Stock^F1	Oct 1, 2015	J	100,000	—	A	100,000	I	by trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option/right to buy	$12.32	holding	—	—	—	Oct 21, 2017	Oct 21, 2024	Common Stock	33,334	200,004	D
Option/right to buy	$21.71	holding	—	—	—	Oct 21, 2016	Oct 21, 2023	Common Stock	33,334	200,004	D
Option/right to buy	$8.56	holding	—	—	—	Oct 9, 2015	Oct 9, 2022	Common Stock	33,334	200,004	D
Option/right to buy	$9.33	holding	—	—	—	Oct 21, 2014	Oct 21, 2021	Common Stock	33,334	200,004	D
Option/right to buy	$29.00	holding	—	—	—	Oct 21, 2010	Oct 21, 2017	Common Stock	33,334	200,004	D
Option/right to buy	$21.82	holding	—	—	—	Oct 21, 2009	Oct 21, 2016	Common Stock	33,334	200,004	D

F1In connection with estate planning, the shares were transferred to three separate irrevocable trusts, for which reporting person is a trustee, in exchange for a promissory note. The principal amount of the note was based on a price per share of $17.72. The note provides for the payment of interest at an annual rate of 1.67%.