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Filing Details

Accession Number:: 0000865752-23-000081
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-08-11 19:33:56
Reporting Period:: 2023-08-09

Accepted Time:: 2023-08-11 19:33:56
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
865752	Monster Beverage Corp	MNST	Bottled & Canned Soft Drinks & Carbonated Waters (2086)	471809393

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1286595	J Mark Hall	1 Monster Way Corona CA 92879		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-08-09	110,000	$57.35	1,141,262	No	4	S	Indirect	By MJCF Hall Family Trust
Common Stock	Disposition	2023-08-10	57,220	$58.64	1,084,042	No	4	S	Indirect	By MJCF Hall Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By MJCF Hall Family Trust
No	4	S	Indirect	By MJCF Hall Family Trust

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (right to buy)	$22.58	2025-03-13	120,000	Direct
Common Stock	Employee Stock Option (right to buy)	$21.82	2026-12-01	120,000	Direct
Common Stock	Employee Stock Option (right to buy)	$29.37	2028-03-14	100,000	Direct
Common Stock	Employee Stock Option (right to buy)	$29.84	2029-03-14	50,000	Direct
Common Stock	Employee Stock Option (right to buy)	$31.20	2030-03-13	40,000	Direct
Common Stock	Employee Stock Option (right to buy)	$44.47	2031-03-12	40,000	Direct
Common Stock	Employee Stock Option (right to buy)	$36.62	2032-03-14	60,000	Direct
Common Stock	Employee Stock Option (right to buy)	$50.82	2033-03-14	60,000	Direct
Common Stock	Restricted Stock Units	$0.00		5,100	Direct
Common Stock	Restricted Stock Units	$0.00		7,700	Direct

Expiration Date	Remaning Holdings	Nature of Ownership
2025-03-13	120,000	Direct
2026-12-01	120,000	Direct
2028-03-14	100,000	Direct
2029-03-14	50,000	Direct
2030-03-13	40,000	Direct
2031-03-12	40,000	Direct
2032-03-14	60,000	Direct
2033-03-14	60,000	Direct
	5,100	Direct
	7,700	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $57.30 to $57.62. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
On March 27, 2023, the common stock of the Company split 2-for-1 (the "Stock Split"). As a result, the reporting person received one additional share for every one share of common stock held prior to the Stock Split.
The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
This transaction was executed in multiple trades at prices ranging from $58.54 to $58.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
The options are fully vested.
No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.
The options are currently vested with respect to 18,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 13, 2024 and 12,000 shares on March 13, 2025.
The options are currently vested with respect to 10,000 shares. The remaining options vest in three installments as follows: 8,000 shares on March 12, 2024; 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.
The options are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 9,000 shares on March 14, 2024; 12,000 shares on March 14, 2025; 15,000 shares on March 14, 2026 and 18,000 shares on March 14, 2027.
The options vest in five installments as follows: 6,000 shares on March 14, 2024; 9,000 shares on March 14, 2025; 12,000 shares on March 14, 2026; 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.
The restricted stock units were granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
The remaining restricted stock units vest on March 14, 2024.
Not applicable.
Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units (or the cash equivalent of such shares) were doubled.
The remaining restricted stock units vest in two installments as follows: 3,500 units on March 13, 2024 and 4,200 units on March 13, 2025.