Gary P. Fayard - Apr 10, 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role: Director
Signature: /s/ Paul J. Dechary, attorney-in-fact
Stock symbol: MNST
Transactions as of: Apr 10, 2023
Transactions value $: $27,484
Form type: 4
Date filed: 4/12/2023, 07:10 PM
Previous filing: Apr 5, 2023
Next filing: May 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MNST	Common Stock						12.3K	Apr 10, 2023	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MNST	Deferred Stock Units	Award	$27.5K	+525	+1.38%	$52.35	38.5K	Apr 10, 2023	Common Stock	525		Direct	F7, F8, F9, F10
holding	MNST	Restricted Stock Units						3.97K	Apr 10, 2023	Common Stock			Direct	F1, F3, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F2	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.
F3	Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date.
F4	The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2023 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
F5	Not applicable.
F6	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.
F7	Each deferred stock unit is economically equivalent to one share of the Company's common stock.
F8	Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors as Amended and Restated on February 23, 2022, which may include voluntary deferred compensation.
F9	The deferred stock units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.
F10	Pursuant 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 deferred stock units (or the cash equivalent of such shares) were doubled.