John Farahi - Nov 7, 2022 Form 4 Insider Report for MONARCH CASINO & RESORT INC (MCRI)

Signature
John Farahi
Stock symbol
MCRI
Transactions as of
Nov 7, 2022
Transactions value $
-$1,515,750
Form type
4
Date filed
11/9/2022, 04:01 PM
Previous filing
Oct 11, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCRI Common Stock Options Exercise $1.45M +66.7K +13.37% $21.71 565K Nov 7, 2022 Direct
transaction MCRI Common Stock Tax liability -$2.96M -37.3K -6.19% $79.49 565K Nov 7, 2022 Direct
transaction MCRI Common Stock Gift $0 -20.2K -3.45% $0.00 565K Sep 23, 2022 Direct
transaction MCRI Common Stock Gift $0 +20.2K +0.83% $0.00 2.44M Sep 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
transaction MCRI Options / Right to Buy Options Exercise $0 -66.7K -11.11% $0.00 533K Nov 7, 2022 Common Stock 66.7K $21.71 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $73.95 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $61.22 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $43.24 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $39.82 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $45.32 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $23.08 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $17.62 Direct
holding MCRI Options / Right to Buy 533K Nov 7, 2022 Common Stock 66.7K $12.32 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

On November 7,2022, Mr. John Farahi did a "net exercise" of 66,666 shares of stock option, which vested on October 21,2016 and was due to expire on October 21, 2023.