Filing Details

Accession Number:
0000907242-21-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-07 13:00:00
Reporting Period:
2021-05-05
Accepted Time:
2021-05-07 15:39:52
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 Disposition 2021-05-05 17,346 $73.18 60,450 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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 2031-03-31 15,000 164,999 Direct
Common Stock Options / Right to Buy $0.00 33,333 164,999 Direct
Common Stock Options / Right to Buy $0.00 33,333 164,999 Direct
Common Stock Options / Right to Buy $0.00 83,333 164,999 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2031-03-31 15,000 164,999 Direct
33,333 164,999 Direct
33,333 164,999 Direct
83,333 164,999 Direct
Footnotes
  1. 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.
  2. 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.
  3. In 2018 Mr. Farahi was granted 83,333 stock options, as follow: (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; (iii) 50,000 stock options at $42.74 exercise price, of which 16,666 vested on May 3, 2021, 16,667 vest on May 3, 2022 and 16,667 vest on May 3, 2023; (iv) 6,667 stock options at $47.81 exercise price, which vest on August 1, 2021 and (v) 11,666 stock options at $47.05 exercise price, which vest on September 1, 2021. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date.