Edwin S. Koenig - 03 Mar 2022 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

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	$138,908	-1,694	-10%	$82.00	15,104	03 Mar 2022	Common Stock	1,694	$45.74	Direct
holding	MCRI	Options / Right to Buy						15,104	03 Mar 2022	Common Stock	5,000	$66.17	Direct	F1
holding	MCRI	Options / Right to Buy						15,104	03 Mar 2022	Common Stock	3,333	$66.17	Direct
holding	MCRI	Options / Right to Buy						15,104	03 Mar 2022	Common Stock	3,334	$44.60	Direct
holding	MCRI	Options / Right to Buy						15,104	03 Mar 2022	Common Stock	3,333	$43.03	Direct
holding	MCRI	Options / Right to Buy						15,104	03 Mar 2022	Common Stock	104	$45.74	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.