SEC Form 4 · accession 0000907242-16-000029
MONARCH CASINO & RESORT INC · MCRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David-Jacques Farahi
Officer — Chief Operating Officer
Period of report
Nov 16, 2016
Accepted (ET)
Nov 17, 2016 · 7:40 pm EST
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 Stck | Nov 16, 2016 | S | 5,000 | $24.76 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option/Right to buy | $23.63 | holding | — | — | — | Sep 1, 2019 | Sep 1, 2026 | Common stock | 11,667 | 163,333 | D |
| Option/Right to buy | $23.52 | holding | — | — | — | Aug 1, 2019 | Aug 1, 2026 | Common Stock | 6,666 | 163,333 | D |
| Option/Right to buy | $20.49 | holding | — | — | — | Mar 1, 2019 | Mar 1, 2026 | Common Stock | 1,666 | 163,333 | D |
| Option/Right to buy | $17.60 | holding | — | — | — | Aug 21, 2018 | Aug 21, 2025 | Common Stock | 10,000 | 163,333 | D |
| Option/Right to buy | $18.44 | holding | — | — | — | Aug 13, 2018 | Aug 13, 2025 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buy | $20.69 | holding | — | — | — | Jul 12, 2018 | Jul 12, 2025 | Common Stock | 6,667 | 163,333 | D |
| Option/Right to buy | $17.08 | holding | — | — | — | Feb 10, 2018 | Feb 10, 2025 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buy | $12.40 | holding | — | — | — | Aug 13, 2017 | Aug 13, 2024 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buy | $14.95 | holding | — | — | — | Jul 12, 2017 | Jul 12, 2024 | Common Stock | 6,667 | 163,333 | D |
| Option/Right to buy | $18.41 | holding | — | — | — | Feb 10, 2017 | Feb 10, 2024 | Common Stock | 1,666 | 163,333 | D |
| Option/Right to buyF1 | $19.00 | holding | — | — | — | — | Jan 17, 2024 | Common Stock | 40,000 | 163,333 | D |
| Option/Right to buy | $20.00 | holding | — | — | — | Aug 13, 2016 | Aug 13, 2023 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buy | $17.79 | holding | — | — | — | Jul 12, 2016 | Jul 12, 2023 | Common Stock | 6,666 | 163,333 | D |
| Option/Right to buy | $10.33 | holding | — | — | — | Feb 10, 2016 | Feb 10, 2023 | Common stock | 1,666 | 163,333 | D |
| Option/Right to buyF2 | $7.55 | holding | — | — | — | — | Aug 21, 2022 | Common Stock | 30,000 | 163,333 | D |
| Option/Right to buy | $7.42 | holding | — | — | — | Aug 13, 2015 | Aug 13, 2022 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buy | $9.30 | holding | — | — | — | Aug 13, 2014 | Aug 13, 2021 | Common Stock | 1,667 | 163,333 | D |
| Option/Right to buyF3 | $10.20 | holding | — | — | — | — | Jul 12, 2020 | Common Stock | 20,000 | 163,333 | D |
| Option/Right to buyF4 | $11.15 | holding | — | — | — | — | Jun 21, 2020 | Common Stock | 5,000 | 163,333 | D |
| Option/Right to buyF5 | $6.72 | holding | — | — | — | — | Feb 10, 2020 | Common Stock | 5,000 | 163,333 | D |
Explanation of responses
- F1On 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.
- F2On 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.
- F3On 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.
- F4On June 21, 2010, Mr. Farahi was granted 5,000 stock options, 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.
- F5On February 10, 2010, Mr. Farahi was granted 5,000 stock options, 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.