Filing Details

Accession Number:
0000907242-21-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-18 17:36:56
Reporting Period:
2021-05-14
Accepted Time:
2021-05-18 17:36:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
907242 Monarch Casino & Resort Inc MCRI Hotels & Motels (7011) 880300760
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1548756 David-Jacques Farahi 3800 S. Virginia Street
Reno NV 89502
Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-05-14 31,666 $0.00 92,116 No 4 M Direct
Common Stock Disposition 2021-05-14 24,609 $72.88 67,507 No 4 F Direct
Common Stock Disposition 2021-05-17 29,700 $70.93 37,807 No 4 S Direct
Common Stock Disposition 2021-05-18 22,000 $71.58 15,807 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options / Right to Buy Acquisiton 2021-05-14 31,666 $0.00 31,666 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
133,333 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Options / Right to Buy $60.62 2024-03-31 2024-03-31 15,000 133,333 Direct
Common Stock Options / Right to Buy $0.00 33,333 133,333 Direct
Common Stock Options / Right to Buy $0.00 33,333 133,333 Direct
Common Stock Options / Right to Buy $42.74 2022-05-03 2028-05-03 16,667 133,333 Direct
Common Stock Options / Right to Buy $42.74 2023-05-03 2028-05-03 16,667 133,333 Direct
Common Stock Options / Right to Buy $47.81 2021-08-01 2028-08-01 6,667 133,333 Direct
Common Stock Options / Right to Buy $47.05 2021-09-01 2028-09-01 11,666 133,333 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-03-31 15,000 133,333 Direct
33,333 133,333 Direct
33,333 133,333 Direct
2028-05-03 16,667 133,333 Direct
2028-05-03 16,667 133,333 Direct
2028-08-01 6,667 133,333 Direct
2028-09-01 11,666 133,333 Direct
Footnotes
  1. Mr. David Farahi net exercised the following grants:(i)13,333 stock options at $45.55 exercise price, which vested on February 1, 2021; ii)1,667 stock options at $42.46 exercise price , which vested on March 1, 2021; and (iii)16,666 stock options at $42.74 exercise price, which vested on May 3, 2021.All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date.
  2. In 2020 Mr. Farahi was granted 33,333 stock options, as follow: (i) 13,333 stock options at $53.680 exercise price, which vest on February 1, 2023; (ii) 1,667 stock options at $47.28 exercise price, which vest on March 1, 2023; and (iii) 18,333 stock options at $44.60 exercise price, which vest on September 30, 2023. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date.
  3. In 2019 Mr. Farahi was granted 33,333 stock options, as follow: (i) 13,334 stock options at $43.30 exercise price, which vest on February 1, 2022; (ii) 1,666 stock options at $44.31 exercise price, which vest on March 1, 2022; (iii) 6,666 stock options at $45.69 exercise price, which vest on August 1, 2022 and (v) 11,667 stock options at $44.38 exercise price, which vest on September 1, 2022. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date.