We report the characterization of a massive (mp = 3:91:4Mjup) microlensing planet (OGLE- 2015-BLG-0954Lb) orbiting an M dwarf host (M = 0:33  0:12M) at a distance toward the Galactic bulge of 0:6+0:4 􀀀0:2 kpc, which is extremely nearby by microlensing standards. The planet-host projected separation is a?  1:2AU. The characterization was made possible by the wide-eld (4 deg2) high cadence (􀀀 = 6 hr􀀀1) monitoring of the Korea Microlensing Telescope Network (KMTNet), which had two of its three telescopes in commissioning operations at the time of the planetary anomaly. The source crossing time t = 16 min is among the shortest ever published. The high-cadence, wide-eld observations that are the hallmark of KMTNet are the only way to routinely capture such short crossings. High-cadence resolution of short caustic crossings will preferentially lead to mass and distance measurements for the lens. This is because the short crossing time typically implies a nearby lens, which enables the measurement of additional eects (bright lens and/or microlens parallax). When combined with the measured crossing time, these eects can yield planet/host masses and distance.

In current microlensing planet searches that are being carried out in a survey/follow-up mode, the most important targets for follow-up observations are lensing events with high magnifications resulting from the very close approach of background source stars to the lens. In this paper, we investigate the dependence of the sensitivity to planets on detailed properties of high-magnification events. From this, it is found that the sensitivity does not monotonically increase as the impact parameter between the lens and the source trajectory decreases. Instead, it is roughly the same for events with impact parameters less than a certain threshold value. It is also found that events involving main-sequence source stars are sensitive to planets in a much wider range of separation and mass ratio, than those events involved with giant source stars. Based on these results, we propose observational strategies for maximal planet detections considering the types of telescopes available for follow-up observations.

Gaudi, Naber & Sackett pointed out that if an event is caused by a lens system containing more than two planets, all planets will affect the central region of the magnification pattern, and thus the existence of the multiple planets can be inferred by detecting additionally deformed anomalies from intensive monitoring of high magnification microlensing events. Unfortunately, this method has important limitations in identifying the existence of multiple planets and determining their parameters (the mass ratio and the instantaneous projected separation) due to the degeneracy of the resulting light curve anomalies from those induced by a single planet and the complexity of multiple planet lensing models. In this paper, we propose a new channel to search for multiple planets via microlensing. The method is based on the fact that the lensing light curve anomalies induced by multiple planets are well approximated by the superposition of those of the single planet systems where the individual planet-primary pairs act as independent lens systems. Then, if the source trajectory passes both of the outer deviation regions induced by the individual planets, one can unambiguously identify the existence of the multiple planets. We illustrate that the probability of successively detecting light curve anomalies induced by two Jovian-mass planets located in the lensing zone through this channel will be substantial. Since the individual anomalies can be well described by much simpler single planet lensing models, the proposed method has an important advantage of allowing one to accurately determine the parameters of the individual planets.