<SEC-DOCUMENT>0000907242-15-000002.txt : 20150331
<SEC-HEADER>0000907242-15-000002.hdr.sgml : 20150331
<ACCEPTANCE-DATETIME>20150331201815
ACCESSION NUMBER:		0000907242-15-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150210
FILED AS OF DATE:		20150331
DATE AS OF CHANGE:		20150331

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

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:		15741035

	MAIL ADDRESS:	
		STREET 1:		3800 S. VIRGINIA STREET
		CITY:			RENO
		STATE:			NV
		ZIP:			89502
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2015-02-10</periodOfReport>

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    <issuer>
        <issuerCik>0000907242</issuerCik>
        <issuerName>MONARCH CASINO &amp; RESORT INC</issuerName>
        <issuerTradingSymbol>MCRI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001548756</rptOwnerCik>
            <rptOwnerName>Farahi David-Jacques</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3800 S. VIRGINIA STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RENO</rptOwnerCity>
            <rptOwnerState>NV</rptOwnerState>
            <rptOwnerZipCode>89502</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Operating Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
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                <value>Common Stock</value>
            </securityTitle>
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                <sharesOwnedFollowingTransaction>
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            <securityTitle>
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            <exerciseDate>
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            <expirationDate>
                <value>2020-02-10</value>
            </expirationDate>
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            <conversionOrExercisePrice>
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            <exerciseDate>
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                <value>Option/right to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.42</value>
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            <exerciseDate>
                <value>2015-08-13</value>
            </exerciseDate>
            <expirationDate>
                <value>2022-08-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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            <securityTitle>
                <value>Option/right to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.55</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-08-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>30000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>125000</value>
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            <securityTitle>
                <value>Option/right to buy</value>
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            <conversionOrExercisePrice>
                <value>10.33</value>
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            <exerciseDate>
                <value>2016-02-10</value>
            </exerciseDate>
            <expirationDate>
                <value>2023-02-10</value>
            </expirationDate>
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                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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            <expirationDate>
                <value>2023-07-12</value>
            </expirationDate>
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                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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        <derivativeHolding>
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                <value>Option/right to buy</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
                <value>2016-08-13</value>
            </exerciseDate>
            <expirationDate>
                <value>2023-08-13</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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            <conversionOrExercisePrice>
                <value>19</value>
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            <exerciseDate>
                <footnoteId id="F5"/>
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            <expirationDate>
                <value>2024-01-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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        <derivativeHolding>
            <securityTitle>
                <value>Option/right to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>18.41</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-02-10</value>
            </exerciseDate>
            <expirationDate>
                <value>2024-02-10</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1666</value>
                </underlyingSecurityShares>
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            <securityTitle>
                <value>Option/right to buy</value>
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            <conversionOrExercisePrice>
                <value>14.95</value>
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            <exerciseDate>
                <value>2017-07-12</value>
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            <expirationDate>
                <value>2024-07-12</value>
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                <underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>125000</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Option/right to buy</value>
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            <conversionOrExercisePrice>
                <value>12.4</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-08-13</value>
            </exerciseDate>
            <expirationDate>
                <value>2024-08-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1667</value>
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                <sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Option/right to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>17.08</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-02-10</value>
            </exerciseDate>
            <expirationDate>
                <value>2025-02-10</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1667</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>125000</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On February 10, 2010, Mr. Farahi was granted 5,000 stock options which vest as follows:  1,666 vest on February 10, 2013; 1,667 vest on February 10, 2014 and 1,667 vest on February 10, 2015.</footnote>
        <footnote id="F2">On June 21,2010, Mr. Farahi was granted 5,000 stock options which vest as follow:  1,666 vest on August 13, 2011; 1,667 vest on August 13,2012 and 1,667 vest on August 13, 2013.</footnote>
        <footnote id="F3">On July 12, 2010, Mr. Farahi was granted 20,000 stock options which vest as follows: 6,666 vest on July 12, 2013; 6,667 vest on July 12,2014 and 6,667 vest on July 12, 2015.</footnote>
        <footnote id="F4">On August 21, 2012, Mr. Farahi was granted 30,000 stock options which vest as follows:  10,000 vest on August 21,2015; 10,000 vest on August 21, 2016 and 10,000 vest on August 21, 2017.</footnote>
        <footnote id="F5">On January 17, 2014, Mr. Farahi was granted 40,000 stock options which vest as follows:  13,333 vest on January 17,2017; 13,333 vest on January 17,2018 and 13,334 vest on January 17, 2018.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>David Farahi</signatureName>
        <signatureDate>2015-03-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
