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Form 4 Gaming Partners Internat For: Dec 22 Filed by: ENDY ERIC P

December 23, 2014 1:15 PM EST
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 *
ENDY ERIC P

(Last) (First) (Middle)
2037 CHERRY CREEK CIRCLE

(Street)
LAS VEGAS NV US 89148

(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)
12/22/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 05/07/2013   S (1)   781 D $ 9 221,346 D  
Common Stock 05/08/2013   S (1)   7,064 D $ 9 214,282 D  
Common Stock               18,000 I (2) See Footnote 2
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 $ 6.49             06/23/2008 12/22/2017 Common Stock 2,000   2,000 D (3)  
Option/Right to Buy $ 5.80             06/23/2009 12/22/2018 Common Stock 2,000   2,000 D (4)  
Option/Right to Buy $ 5.96             06/23/2010 12/22/2019 Common Stock 2,000   2,000 D (5)  
Option/Right to Buy $ 6.21             06/23/2011 12/22/2020 Common Stock 3,500   3,500 D (6)  
Option/Right to Buy $ 6.20             06/23/2012 12/22/2021 Common Stock 3,500   3,500 D (7)  
Option/Right to Buy $ 6.76             06/23/2013 12/22/2022 Common Stock 3,500   3,500 D (8)  
Option/Right to Buy $ 8.21             06/23/2014 12/22/2023 Common Stock 3,500   3,500 D (9)  
Option/Right to Buy $ 8.26 12/22/2014 12/23/2014 A   3,500   06/23/2015 12/22/2024 Common Stock 3,500 $ 0 3,500 D (10)  
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2012.
2. The reporting person indirectly owns the following shares in the manner described: Daren Chang Endy Irrevocable Trust 6,000 shares; Nevin Chao Endy Irrevocable Trust 6,000 shares; and Celine Endy Irrevocable Trust 6,000 shares.
3. As previously reported, on December 22, 2007, Gaming Partners International Corporation (the "Company") granted Mr. Endy an option to purchase 2,000 shares of the Company's common stock at $6.49 per share for his service on certain committees of the Company during the prior twelve month period, pursuant to the Company's 1994 Directors' Stock Option Plan, as amended (the "Plan"). The grant was exempt under Rule 16b-3. The option is fully vested and exercisable.
4. As previously reported, on December 22, 2008, the Company granted Mr. Endy an option to purchase 2,000 shares of the Company's common stock at $5.80 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable.
5. As previously reported, on December 22, 2009, the Company granted Mr. Endy an option to purchase 2,000 shares of the Company's common stock at $5.96 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable
6. As previously reported, on December 22, 2010, the Company granted Mr. Endy an option to purchase 3,500 shares of the Company's common stock, at the exercise price of $6.21 per share for his service on certain committees of the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is currently fully vested and exercisable.
7. As previously reported, on December 22, 2011, the Company granted Mr. Endy an option to purchase 3,500 shares of the Company's common stock at $6.20 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable.
8. As previously reported on December 22, 2012, the Company granted Mr. Endy an option to purchase 3,500 shares of the Company's common stock at $6.76 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable.
9. As previously reported, on December 22, 2013, the Company granted Mr. Endy an option to purchase 3,500 shares of the Company's common stock at $8.21 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable.
10. On December 22, 2014, the Company granted Mr. Endy an option to purchase 3,500 shares of the Company's common stock at $8.26 per share for his service on certain committees for the Company during the prior twelve month period, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is fully vested and exercisable six months and one day after grant.
Gregory S. Gronau by Power of Attorney for Eric P. Endy 12/23/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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