Gaming Partners International (GPIC) Form 4/A Gaming Partners International / JEAN-FRANCOIS LENDAIS ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

LENDAIS JEAN-FRANCOIS

(Last) (First) (Middle)

1700 INDUSTRIAL ROAD

(Street)

LAS VEGAS NV US 89102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Gaming Partners International CORP [ GPIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/07/2015

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								1	I	Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option/Right to Buy (1)	$7.69	05/05/2010	05/05/2011	O		6,000		05/05/2011	05/05/2020	Common Stock	6,000	$7.69	6,000	D
Option/Right to Buy (2)	$6.7	05/05/2012	05/07/2012	A		1,500		11/06/2012	05/05/2022	Common Stock	1,500	$6.7	1,500	D
Option/Right to Buy (3)	$8.82	05/05/2013	05/06/2013	A		3,500		11/06/2013	05/05/2023	Common Stock	3,500	$8.82	3,500	D
Option/Right to Buy (4)	$8.11	05/05/2014	05/06/2015	A		3,500		11/06/2014	05/05/2024	Common Stock	3,500	$8.11	3,500	D
Option/Right to Buy	$10.51	05/05/2015	05/06/2016	A		3,500		11/06/2015	05/05/2025	Common Stock	3,500	$10.51	3,500	D

Explanation of Responses:

Remarks:

1. On May 5, 2010, Jean-Francois Lendais was elected as a director of Gaming Partners International Corporation (the "Company"). On the date of his appointment, the Company granted Mr. Lendais an option to purchase 6,000 shares of the Company's common stock pursuant to the Company's 1994 Directors' Stock Option Plan, as amended, (the "Plan"), at an exercise price of $7.69 per share. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable. 2. On May 5, 2012, the Company granted Mr. Lendais an option to purchase 1,500 shares of the Company's common stock at an excercise price of $6.70 per share for his service on certain committeess of the Company during 2011, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable. 3. On May 5, 2013, the Company granted Mr. Lendais an option to purchase 3,500 shares of the Company's common stock at an exercise price of $8.82 per share for his service as a director and his service on certain committees of the Company during 2012, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable. 4. On May 5, 2014, the Company granted Mr. Lendais an option to purchase 3,500 shares of the Company's common stock at an exercise price of $8.11 per share for his service as a director and his service on certain committees of the Company during 2013, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable. 5. On May 5, 2015, the Company granted Mr. Lendais an option to purchase 3,500 shares of the Company's common stock at an exercise price of $10.51 per share for his service as a director and his service on certain committees of the Company during 2014, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable six (6) months and one (1) day after grant.

	/s/ Matthew C. Hagerty by Power of Attorney for Jean-Francois Lendais	05/07/2015
	** Signature of Reporting Person	Date
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