SEC Form 4 · accession 0000907242-18-000009
MONARCH CASINO & RESORT INC · MCRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David-Jacques Farahi
Officer — COO
Period of report
May 3, 2018
Accepted (ET)
Jun 15, 2018 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000907242
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options / Right to buyF1 | $42.74 | May 3, 2018 | A | 50,000 | A | — | May 3, 2028 | Common Stock | 50,000 | 261,665 | D |
| Options / Right to buy | $42.46 | holding | — | — | — | Mar 1, 2021 | Mar 1, 2028 | Common Stock | 1,667 | 161,665 | D |
| Options / Right to buy | $45.55 | holding | — | — | — | Feb 1, 2021 | Feb 1, 2028 | Common Stock | 13,333 | 261,665 | D |
| Options / Right to buy | $35.10 | holding | — | — | — | Sep 1, 2020 | Sep 1, 2027 | Common Stock | 11,666 | 261,665 | D |
| Options / Right to buy | $33.34 | holding | — | — | — | Aug 1, 2020 | Aug 1, 2027 | Common Stock | 6,667 | 261,665 | D |
| Options / Right to buy | $26.93 | holding | — | — | — | Mar 1, 2020 | Mar 1, 2027 | Common Stock | 1,666 | 261,665 | D |
| Options / Right to buy | $23.54 | holding | — | — | — | Feb 1, 2020 | Feb 1, 2027 | Common Stock | 13,333 | 261,665 | D |
| Options / Right to buy | $23.63 | holding | — | — | — | Sep 1, 2019 | Sep 1, 2026 | Common Stock | 11,667 | 261,665 | D |
| Options / Right to buy | $23.52 | holding | — | — | — | Aug 1, 2019 | Aug 1, 2026 | Common Stock | 6,666 | 261,665 | D |
| Options / Right to buy | $20.49 | holding | — | — | — | Mar 1, 2019 | Mar 1, 2026 | Common Stock | 1,666 | 261,665 | D |
| Options / Right to buy | $17.60 | holding | — | — | — | Aug 21, 2018 | Aug 21, 2025 | Common Stock | 10,000 | 261,665 | D |
| Options / Right to buy | $18.44 | holding | — | — | — | Aug 13, 2018 | Aug 13, 2025 | Common Stock | 1,667 | 261,665 | D |
| Options / Right to buy | $20.69 | holding | — | — | — | Jul 12, 2018 | Jul 12, 2025 | Common Stock | 6,667 | 261,665 | D |
| Options / Right to buy | $12.40 | holding | — | — | — | Aug 13, 2017 | Aug 13, 2024 | Common Stock | 1,667 | 261,665 | D |
| Options / Right to buy | $14.95 | holding | — | — | — | Jul 12, 2017 | Jul 12, 2024 | Common Stock | 6,667 | 261,665 | D |
| Options / Right to buy | $18.41 | holding | — | — | — | Feb 10, 2017 | Feb 10, 2024 | Common Stock | 1,666 | 261,665 | D |
| Options / Right to buyF2 | $19.00 | holding | — | — | — | — | Jan 17, 2024 | Common Stock | 40,000 | 261,665 | D |
| Options / Right to buy | $20.00 | holding | — | — | — | Aug 13, 2016 | Aug 13, 2023 | Common Stock | 1,667 | 261,665 | D |
| Options / Right to buy | $17.79 | holding | — | — | — | Jul 12, 2016 | Jul 12, 2023 | Common Stock | 6,666 | 261,665 | D |
| Options / Right to buy | $10.33 | holding | — | — | — | Feb 10, 2016 | Feb 10, 2023 | Common Stock | 1,666 | 261,665 | D |
| Options / Right to buyF3 | $7.55 | holding | — | — | — | — | Aug 21, 2022 | Common Stock | 30,000 | 261,665 | D |
| Options / Right to buy | $7.42 | holding | — | — | — | Aug 13, 2015 | Aug 13, 2022 | Common Stock | 1,667 | 261,665 | D |
| Options / Right to buy | $9.30 | holding | — | — | — | Aug 13, 2014 | Aug 13, 2021 | Common Stock | 1,667 | 261,665 | D |
| Options / Right to buyF4 | $10.20 | holding | — | — | — | — | Jul 12, 2020 | Common Stock | 20,000 | 261,665 | D |
| Options / Right to buyF5 | $11.15 | holding | — | — | — | — | Jun 21, 2020 | Common Stock | 5,000 | 261,665 | D |
| Options / Right to buyF6 | $6.72 | holding | — | — | — | — | Feb 10, 2020 | Common Stock | 5,000 | 261,665 | D |
| Options / Right to buy | $17.08 | holding | — | — | — | Feb 10, 2018 | Feb 10, 2025 | Common Stock | 1,667 | 261,665 | D |
Explanation of responses
- F1On 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.
- F2On 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.
- F3On 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.
- F4On 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.
- F5On 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.
- F6On 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.