Edwin Koenig - Feb 15, 2022 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

Role
CAO
Signature
Edwin Koenig
Stock symbol
MCRI
Transactions as of
Feb 15, 2022
Transactions value $
-$119,095
Form type
4
Date filed
2/17/2022, 04:14 PM
Previous filing
Jul 14, 2021
Next filing
Mar 4, 2022

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 Sale -$48.9K -635 -3.46% $77.00 17.7K Feb 15, 2022 Common Stock 635 $45.74 Direct
transaction MCRI Options / Right to Buy Sale -$70.2K -900 -5.09% $78.00 16.8K Feb 16, 2022 Common Stock 900 $45.74 Direct
holding MCRI Options / Right to Buy 16.8K Feb 15, 2022 Common Stock 5K $66.17 Direct F1
holding MCRI Options / Right to Buy 16.8K Feb 15, 2022 Common Stock 3.33K $66.17 Direct
holding MCRI Options / Right to Buy 16.8K Feb 15, 2022 Common Stock 3.33K $44.60 Direct
holding MCRI Options / Right to Buy 16.8K Feb 15, 2022 Common Stock 3.33K $43.03 Direct
holding MCRI Options / Right to Buy 16.8K Feb 15, 2022 Common Stock 1.8K $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.