Edwin S. Koenig - 30 Jun 2023 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	Award	$234,880	+3,334	+22%	$70.45	18,334	30 Jun 2023	Common stock	3,334	$70.45	Direct
holding	MCRI	Options / Right to Buy						18,334	30 Jun 2023	Common Stock	3,333	$58.67	Direct
holding	MCRI	Options / Right to Buy						18,334	30 Jun 2023	Common Stock	3,333	$66.17	Direct
holding	MCRI	Options / Right to Buy						18,334	30 Jun 2023	Common Stock	3,334	$44.60	Direct
holding	MCRI	Options / Right to Buy						18,334	30 Jun 2023	Common Stock	5,000	$66.17	Direct	F1

* 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.