SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MITCHELL DONN R II

(Last)

(First)

(Middle)

1641 POPPS FERRY ROAD

(Street)

BILOXI

39532

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ISLE OF CAPRI CASINOS INC [ ISLE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Section 16		Section 16

3. Date of Earliest Transaction (Month/Day/Year)
12/13/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/13/2004		M		600	A	$10.25	24,064	D
Common Stock	12/13/2004		M		4,000	A	$6.5	28,064	D
Common Stock	12/13/2004		M		500	A	$15.47	28,564	D
Common Stock	12/13/2004		M		2,400	A	$15.535	30,964	D
Common Stock	12/13/2004		M		625	A	$19.68	31,589	D
Common Stock	12/13/2004		M		286	A	$19.68	31,875	D
Common Stock	12/13/2004		M		407	A	$19.68	32,282	D
Common Stock	12/13/2004		M		777	A	$19.68	33,059	D
Common Stock	12/13/2004		M		625	A	$19.68	33,684	D
Common Stock	12/13/2004		M		260	A	$19.68	33,944	D
Common Stock	12/13/2004		M		786	A	$19.68	34,730	D
Common Stock	12/13/2004		M		562	A	$19.68	35,292	D
Common Stock	12/13/2004		M		462	A	$19.68	35,754	D
Common Stock	12/13/2004		M		475	A	$19.68	36,229	D
Common Stock	12/13/2004		M		393	A	$19.68	36,622	D
Common Stock	12/13/2004		M		2,642	A	$19.68	39,264	D
Common Stock	12/13/2004		M		1,894	A	$19.68	41,158	D
Common Stock	12/13/2004		M		793	A	$20.55	41,951	D
Common Stock	12/13/2004		M		1,207	A	$20.55	43,158	D
Common Stock	12/13/2004	12/15/2004	F		12,740	D	$0	30,418	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to buy)	$6.5	12/13/2004		M			4,000	10/02/2001	10/02/2011	Common Stock	4,000	$6.5	8,000	D
Stock Options (Right to buy)	$10.25	12/13/2004		M			600	09/22/1999	09/22/2009	Common Stock	600	$10.25	0	D
Stock Options (Right to buy)	$15.47	12/13/2004		M			500	09/15/2000	09/15/2010	Common Stock	500	$15.47	500	D
Stock Options (Right to buy)	$15.535	12/13/2004		M			2,400	10/08/2002	10/08/2012	Common Stock	2,400	$15.535	7,200	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			777	10/08/2003	12/20/2006	Common Stock	777	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			260	10/08/2003	09/25/2007	Common Stock	260	$19.68	1,037	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			562	10/08/2003	09/25/2007	Common Stock	562	$19.68	475	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			475	10/08/2003	09/25/2007	Common Stock	475	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			286	10/08/2003	09/25/2008	Common Stock	286	$19.68	869	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			407	10/08/2003	09/25/2008	Common Stock	407	$19.68	462	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			462	10/08/2003	09/25/2008	Common Stock	462	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			625	10/08/2003	09/22/2009	Common Stock	625	$19.68	625	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			625	10/08/2003	09/22/2009	Common Stock	625	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			786	10/08/2003	09/15/2010	Common Stock	786	$19.68	393	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			393	10/08/2003	09/15/2010	Common Stock	393	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			2,642	10/08/2003	10/02/2011	Common Stock	2,642	$19.68	0	D
Stock Options (Right to buy)	$19.68	12/13/2004		M			1,894	10/08/2003	10/08/2012	Common Stock	1,894	$19.68	0	D
Stock Options (Right to buy)	$20.55	12/13/2004		M			793	10/10/2003	10/10/2013	Common Stock	793	$20.55	9,207	D
Stock Options (Right to buy)	$20.55	12/13/2004		M			1,207	10/10/2003	10/10/2013	Common Stock	1,207	$20.55	8,000	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	611		12/13/2004	12/20/2006	Common Stock	611	$0	611	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	204		12/13/2004	09/25/2007	Common Stock	204	$0	204	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	442		12/13/2004	09/25/2007	Common Stock	442	$0	646	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	373		12/13/2004	09/25/2007	Common Stock	373	$0	1,019	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	320		12/13/2004	09/25/2008	Common Stock	320	$0	320	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	225		12/13/2004	09/25/2008	Common Stock	225	$0	545	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	364		12/13/2004	09/25/2008	Common Stock	364	$0	909	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	246		12/13/2004	09/22/2009	Common Stock	246	$0	246	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	492		12/13/2004	09/22/2009	Common Stock	492	$0	738	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	491		12/13/2004	09/22/2009	Common Stock	491	$0	1,229	D
Stock Options (Right to buy)	$25.03	12/13/2004		A	V	309		12/13/2004	09/15/2010	Common Stock	309	$0	309	D

Explanation of Responses:

	Donn R Mitchell	12/15/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.