Edwin S. Koenig - 30 Jun 2021 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

Role
CAO
Signature
Ed Koenig
Issuer symbol
MCRI
Transactions as of
30 Jun 2021
Net transactions value
+$330,850
Form type
4
Filing time
14 Jul 2021, 17:51:39 UTC
Next filing
17 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCRI Options / Right to Buy Award $330,850 +5,000 +38% $66.17 18,333 30 Jun 2021 Common Stock 5,000 $66.17 Direct F1
holding MCRI Options / Right to Buy 18,333 30 Jun 2021 Common Stock 3,333 $66.17 Direct
holding MCRI Options / Right to Buy 18,333 30 Jun 2021 Common Stock 3,334 $44.60 Direct
holding MCRI Options / Right to Buy 18,333 30 Jun 2021 Common Stock 3,333 $43.03 Direct
holding MCRI Options / Right to Buy 18,333 30 Jun 2021 Common Stock 3,333 $45.74 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 30, 2021, Mr. Koenig was granted 5,000 stock options, which vest as follow: (i) 1,666 stock options vest on June 30, 2024; (ii) 1,667 stock options vest on June 30, 2025; and (iii) 1,667 stock options vest on June 30, 2026. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date.