FARAHI BOB (President) exercised options at MONARCH CASINO & RESORT INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

FARAHI BOB

Filed: 8/2/2024ACC: 0000907242-24-000011

InsiderFARAHI BOBCIK 937326

→

IssuerMONARCH CASINO & RESORT INCCIK 907242

DirectorOfficer· President

Since Sep 2018

-28.87K

Net shares

Net seller

$2.27M

Total sold

Open market trades

0B · 0S

Total transactions

33.33K acquired · 62.20K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+33.33K

Price / share

$78.58

Trade value

$2.62M

% of position

17.3%

7/30/2024

192.22K→225.55K

Common Stock

Direct

F · Tax Withholding

−28.87K

Price / share

$78.58

Trade value

$2.27M

% of position

12.8%

7/30/2024

225.55K→196.69K

Total

Net shares

+4.47K

Net value

$350.94K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/30/2024	M · Option Exercise	+33.33K	$78.58	$2.62M	17.3%	192.22K	225.55K
Common Stock Direct	7/30/2024	F · Tax Withholding	−28.87K	$78.58	$2.27M	12.8%	225.55K	196.69K
Total			+4.47K		$350.94K

Derivative Transactions1

Options / Right to Buy

Direct

M · Option Exercise

Converts to

Common Stock

33.33K shares

−33.33K

Strike price

61.22

Held after

100K

Exercisable

—

7/30/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Options / Right to Buy Direct	Common Stock33.33K shares	7/30/2024	M · Option Exercise	−33.33K	61.22	—	100K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned961.77K

Total

961.77K indirect961.77K

Security Title	Shares Owned	Ownership Type
Common Stock	961.77K	Indirect
Total	961.77K	961.77K indirect

Derivative Holdings (Post-Transaction)3

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

33.33K

Shares owned

100K

Exercise price

69.15

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

33.33K

Shares owned

100K

Exercise price

76.89

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

33.33K

Shares owned

100K

Exercise price

73.95

Expiration

—

Exercise window

—

Total

Underlying

100K

Owned

300K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Options / Right to Buy Direct	Common Stock	69.15	—	—	33.33K	100K
Options / Right to Buy Direct	Common Stock	76.89	—	—	33.33K	100K
Options / Right to Buy Direct	Common Stock	73.95	—	—	33.33K	100K
Total					100K	300K