John Farahi - Mar 23, 2022 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

Role: CEO, Director, 10%+ Owner
Signature: John Farahi
Stock symbol: MCRI
Transactions as of: Mar 23, 2022
Transactions value $: $1,272,900
Form type: 4
Date filed: 3/25/2022, 09:14 PM
Previous filing: Jan 4, 2022
Next filing: Oct 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCRI	Common Stock	Award	$1.27M	+15K	+2.96%	$84.86	521K	Mar 23, 2022	Direct	F1
holding	MCRI	Common Stock						2.42M	Mar 23, 2022	In trusts

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
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$73.95	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$61.22	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$43.24	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$39.82	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$45.32	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$23.08	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$17.62	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$12.32	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$21.71	Direct
holding	MCRI	Options / Right to Buy						667K	Mar 23, 2022	Common Stock	66.7K	$8.56	Direct

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

Explanation of Responses:

Id	Content
F1	On March 23, 2022, Mr. John Farahi was granted 15,000 time-based restricted shares of the Company's stock to vest in six months from the grant date, for his contribution over last five years to the successful completion of the new hotel and expanded casino project at Monarch Black Hawk Casino Resort Spa.