Edwin S. Koenig - 31 Oct 2022 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

Role
CAO
Signature
Edwin Koenig
Issuer symbol
MCRI
Transactions as of
31 Oct 2022
Net transactions value
+$274,960
Form type
4
Filing time
02 Nov 2022, 20:00:48 UTC
Previous filing
01 Jul 2022
Next filing
30 Jun 2023
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 Sale $8,320 +104 +0.7% $80.00 15,000 31 Oct 2022 Common Stock 104 $45.74 Direct
transaction MCRI Options / Right to Buy Sale $266,640 +3,333 +29% $80.00 15,000 31 Oct 2022 Common Stock 3,333 $43.03 Direct
holding MCRI Options / Right to Buy 15,000 31 Oct 2022 Common Stock 3,333 $58.67 Direct
holding MCRI Options / Right to Buy 15,000 31 Oct 2022 Common Stock 5,000 $66.17 Direct F1
holding MCRI Options / Right to Buy 15,000 31 Oct 2022 Common Stock 3,333 $66.17 Direct
holding MCRI Options / Right to Buy 15,000 31 Oct 2022 Common Stock 3,334 $44.60 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.