0000907242-21-000001.txt : 20210104 0000907242-21-000001.hdr.sgml : 20210104 20210104172705 ACCESSION NUMBER: 0000907242-21-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201230 FILED AS OF DATE: 20210104 DATE AS OF CHANGE: 20210104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Farahi David-Jacques CENTRAL INDEX KEY: 0001548756 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22088 FILM NUMBER: 21502892 MAIL ADDRESS: STREET 1: 3800 S. VIRGINIA STREET CITY: RENO STATE: NV ZIP: 89502 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MONARCH CASINO & RESORT INC CENTRAL INDEX KEY: 0000907242 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 880300760 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3800 S VIRGINIA STREET STREET 2: EXECUTIVE OFFICES CITY: RENO STATE: NV ZIP: 89502 BUSINESS PHONE: 775-335-4600 MAIL ADDRESS: STREET 1: 3800 S VIRGINIA STREET STREET 2: EXECUTIVE OFFICES CITY: RENO STATE: NV ZIP: 89502 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-12-30 0 0000907242 MONARCH CASINO & RESORT INC MCRI 0001548756 Farahi David-Jacques 3800 S. VIRGINIA STREET RENO NV 89502 0 1 0 0 COO Common Stock 2020-12-30 4 M 0 166665 A 166665 D Common Stock 2020-12-30 4 F 0 106215 60.11 D 60450 D Options / Right to Buy Common Stock 33333 149999 D Options / Right to Buy Common Stock 33333 149999 D Options / Right to Buy Common Stock 83333 149999 D Options / Right to Buy 2020-12-30 4 M 0 166665 0 D Common Stock 166665 149999 D Mr. David Farahi net exercised the following grants: (i)1,667 stock options at $9.30 exercise price, which vested on 8/13/2014; (ii)30,000 stock options at $7.55 exercise price , of which 10,000 vested on August 21, 2015, 10,000 vested on August 21, 2016 and 10,000 vested on August 21, 2017; (iii)1,667 stock options at $7.42 exercise price, which vested on August 13, 2015; (iv)1,666 stock options at $10.33 exercise price, which vested on February 10, 2016; (v)6,666 stock options at $17.79 exercise price, which vested on July 12, 2016;(vi)1,667 stock options at $20.00 exercise price, which vested on August 13, 2016; (vii)40,000 stock options at $19.00, of which 13,333 vested on January 17, 2017, 13,333 vested on January 17, 2018 and 13,334 vested on January 17, 2019; (viii)1,666 stock options at $18.41 exercise price, which vested on February 10, 2017; (ix)6,667 stock options at $14.95 exercise price, which vested on July 12, 2017. In 2020 Mr. Farahi was granted 33,333 stock options, as follow: (i) 13,333 stock options at $53.680 exercise price, which vest on February 1, 2023; (ii) 1,667 stock options at $47.28 exercise price, which vest on March 1, 2023; and (iii) 18,333 stock options at $44.60 exercise price, which vest on September 30, 2023. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date. In 2019 Mr. Farahi was granted 33,333 stock options, as follow: (i) 13,334 stock options at $43.30 exercise price, which vest on February 1, 2022; (ii) 1,666 stock options at $44.31 exercise price, which vest on March 1, 2022; (iii) 6,666 stock options at $45.69 exercise price, which vest on August 1, 2022 and (v) 11,667 stock options at $44.38 exercise price, which vest on September 1, 2022. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date. In 2018 Mr. Farahi was granted 83,333 stock options, as follow: (i) 13,333 stock options at $45.55 exercise price, which vest on February 1, 2021; (ii) 1,667 stock options at $42.46 exercise price, which vest on March 1, 2021; (iii) 50,000 stock options at $42.74 exercise price, of which 16,666 vest on May 3, 2021, 16,667 vest on May 3, 2022 and 16,667 vest on May 3, 2023; (iv) 6,667 stock options at $47.81 exercise price, which vest on August 1, 2021 and (v) 11,666 stock options at $47.05 exercise price, which vest on September 1, 2021. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date. In addition, Mr. David Farahi net exercised the following grants: (i)1,667 stock options at $12.40 exercise price, which vested on August 13, 2017; (ii)1,667 stock options at $17.08 exercise price, which vested on February 10, 2018;(iii)6,667 stock options at $20.69 exercise price, which vested on July 12, 2018; (iv)1,667 stock options at $18.44 exercise price, which vested on August 13, 2018; (v)10,000 stock options at $17.60 exercise price, which vested on August 21, 2018; (vi)1,666 stock options at $20.49 exercise price, which vested on March 1, 2019; (vii) 6,666 stock options at $23.52 exercise price, which vested on August 1, 2019 and (viii) 11,667 stock options at $23.63 exercise price, which vested on September 1, 2019. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date. In addition, Mr. David Farahi net exercised the following grants: (i) 13,333 stock options at $23.54 exercise price, which vest on February 1, 2020; (ii) 1,666 stock options at $26.93 exercise price, which vest on March 1, 2020; (iii) 6,667 stock options at $33.34 exercise price, which vest on August 1, 2020 and (iv) 11,666 stock options at $35.10 exercise price, which vest on September 1, 2018. All stock options expire 10 years from the grant date, or approximately 7 years from the vesting date. David Farahi 2021-01-04