Filing Details
- Accession Number:
- 0000865752-24-000014
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-06 18:38:09
- Reporting Period:
- 2024-03-04
- Accepted Time:
- 2024-03-06 18:38:09
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-03-04 | 120,000 | $22.58 | 1,147,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 120,000 | $21.82 | 1,267,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 100,000 | $29.37 | 1,367,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 35,000 | $29.84 | 1,402,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 18,000 | $31.20 | 1,420,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 10,000 | $44.47 | 1,430,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Acquisiton | 2024-03-04 | 6,000 | $36.62 | 1,436,840 | No | 4 | M | Indirect | By MJCF Hall Family Trust |
| Common Stock | Disposition | 2024-03-04 | 659,000 | $58.55 | 777,840 | No | 4 | S | Indirect | By MJCF Hall Family Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | M | Indirect | By MJCF Hall Family Trust |
| No | 4 | S | Indirect | By MJCF Hall Family Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 120,000 | $0.00 | 120,000 | $22.58 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 120,000 | $0.00 | 120,000 | $21.82 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 100,000 | $0.00 | 100,000 | $29.37 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 35,000 | $0.00 | 35,000 | $29.84 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 18,000 | $0.00 | 18,000 | $31.20 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 10,000 | $0.00 | 10,000 | $44.47 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-04 | 6,000 | $0.00 | 6,000 | $36.62 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-03-13 | No | 4 | M | Direct | |
| 0 | 2026-12-01 | No | 4 | M | Direct | |
| 0 | 2028-03-14 | No | 4 | M | Direct | |
| 15,000 | 2029-03-14 | No | 4 | M | Direct | |
| 22,000 | 2030-03-13 | No | 4 | M | Direct | |
| 30,000 | 2031-03-12 | No | 4 | M | Direct | |
| 54,000 | 2032-03-14 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | $50.82 | 2033-03-14 | 0 | 60,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 0 | 5,100 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 7,700 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2033-03-14 | 0 | 60,000 | Direct |
| 0 | 5,100 | Direct | |
| 0 | 7,700 | Direct |
Footnotes
- 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 $58.32 to $58.97. 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.
- The options are fully vested.
- 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.
- No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- 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.
- 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.
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