FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

THIEFFRY ALAIN 		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)
(Last)          (First)          (Middle)

1700 INDUSTRIAL ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/12/2008
(Street)

LAS VEGAS, NV 89102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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                  9000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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) $18.37                   3/14/2006   9/12/2015   Common Stock   3500     3500   D    
Option/Right to Buy   (2) $21.05                   3/14/2007   9/12/2016   Common Stock   3500     3500   D    
Option/Right to Buy   (3) $10.10                   3/14/2008   9/12/2017   Common Stock   3500     3500   D    
Option/Right to Buy   (4) $5.35   9/12/2008     A     3500       3/14/2009   9/12/2018   Common Stock   3500     (4) 3500   D    

Explanation of Responses:
( 1)  As previously reported, on September 12, 2005, Gaming Partners International Corporation (the "Company") granted Mr. Thieffry an option to purchase 3,500 shares of their $0.01 par value common stock at $18.37 per share, 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 currently fully vested and exercisable.
( 2)  As previously reported, on September 12, 2006, the Company granted Mr. Thieffry an option to purchase 3,500 share of the Company's $0.01 par value common stock at $21.05 per share, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is currently fully vested and exercisable.
( 3)  As previously reported, on September 12, 2007, the Company granted Mr. Thieffry an option to purchase 3,500 shares of the Company's $0.01 par value common stock at $10.10 per share, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option is currently fully vested and exercisable.
( 4)  On September 12, 2008, the Company granted Mr. Thieffry an option to purchase 3,500 shares of the Company's $0.01 par value common stock at $5.35 per share, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option was fully vested upon the date of grant, but is not exercisable until March 14, 2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
THIEFFRY ALAIN
1700 INDUSTRIAL ROAD
LAS VEGAS, NV 89102 		X



Signatures
/s/ David W. Grimes, by power of attorney 9/15/2008
** 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 control number.
Gaming Partners International Corp. (NASDAQ:GPIC)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Gaming Partners International Corp. Charts.
Gaming Partners International Corp. (NASDAQ:GPIC)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Gaming Partners International Corp. Charts.