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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
FARAHI JOHN

(Last) (First) (Middle)
MONARCH CASINO & RESORT INC
1175 MOANA LANE SUITE 200

(Street)
RENO NV 89509

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MONARCH CASINO & RESORT INC [ MCRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2020
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)
Code V Amount (A) or (D) Price
Common Stock 10/13/2020 G 16,737 D $0 443,585 D
Common Stock 10/13/2020 G 2,608 A $0 598,870 I Trust1
Common Stock 10/13/2020 G 2,608 A $0 603,572 I Trust2
Common Stock 10/13/2020 G 2,608 A $0 603,572 I Trust3
Common Stock 10/13/2020 G 2,608 A $0 603,572 I Trust4
Common Stock 10/13/2020 G 6,305 A $0 11,106 I Trust5
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options / Right to Buy $61.22 12/31/2020 A 66,668 12/31/2023 12/31/2030 Common Stock 66,668 $61.22 666,668 D
Options / Right to Buy $43.24 11/01/2022 11/01/2029 Common Stock 66,666 666,668 D
Options / Right to Buy $39.82 11/01/2021 11/01/2028 Common Stock 66,666 666,668 D
Options / Right to Buy $45.32 11/01/2020 11/01/2027 Common Stock 66,668 666,668 D
Options / Right to Buy $23.08 11/01/2019 11/01/2026 Common Stock 66,666 666,668 D
Options / Right to Buy $17.62 10/21/2018 10/21/2025 Common Stock 66,666 666,668 D
Options / Right to Buy $12.32 10/21/2017 10/21/2024 Common Stock 66,668 666,668 D
Options / Right to Buy $21.71 10/21/2016 10/21/2023 Common Stock 66,666 666,668 D
Options / Right to Buy $8.56 10/09/2015 10/09/2022 Common Stock 66,666 666,668 D
Options / Right to Buy $9.33 10/21/2014 10/21/2021 Common Stock 66,668 666,668 D
Explanation of Responses:
John Farahi 01/04/2021
** 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.