Emelie Tirre - May 10, 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
May 10, 2023
Transactions value $
-$3,989,984
Form type
4
Date filed
5/12/2023, 07:16 PM
Previous filing
Mar 14, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise $2.84M +96.6K +178.93% $29.37 151K May 10, 2023 Direct F1
transaction MNST Common Stock Options Exercise $858K +33.3K +22.14% $25.75 184K May 10, 2023 Direct
transaction MNST Common Stock Sale -$7.69M -130K -70.65% $59.15 54K May 10, 2023 Direct 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 Employee Stock Option (right to buy) Options Exercise $0 -96.6K -96.6% $0.00 3.4K May 10, 2023 Common Stock 96.6K $29.37 Direct F3, F4
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -33.3K -66.67% $0.00 16.7K May 10, 2023 Common Stock 33.3K $25.75 Direct F3, F5
holding MNST Employee Stock Option (right to buy) 50K May 10, 2023 Common Stock $29.84 Direct F3, F6, F7
holding MNST Employee Stock Option (right to buy) 40K May 10, 2023 Common Stock $31.20 Direct F3, F7, F8
holding MNST Employee Stock Option (right to buy) 20K May 10, 2023 Common Stock $44.47 Direct F3, F7, F9
holding MNST Employee Stock Option (right to buy) 46K May 10, 2023 Common Stock $36.62 Direct F3, F7, F10
holding MNST Employee Stock Option (right to buy) 20K May 10, 2023 Common Stock $50.82 Direct F3, F7, F11
holding MNST Employee Stock Option (right to buy) 20K May 10, 2023 Common Stock $50.82 Direct F3, F7, F12
holding MNST Restricted Stock Units 6K May 10, 2023 Common Stock Direct F7, F13, F14, F15, F16
holding MNST Restricted Stock Units 5.1K May 10, 2023 Common Stock Direct F7, F13, F15, F16, F17
holding MNST Restricted Stock Units 7.7K May 10, 2023 Common Stock Direct F7, F13, F15, F16, F18
holding MNST Restricted Stock Units 4.2K May 10, 2023 Common Stock Direct F7, F15, F16, F19, F20
holding MNST Restricted Stock Units 12.2K May 10, 2023 Common Stock Direct F7, F15, F16, F19, F21
holding MNST Restricted Stock Units 6.8K May 10, 2023 Common Stock Direct F7, F15, F16, F19, F22
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was executed in multiple trades at prices ranging from $59.02 to $59.40. 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.
F3 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.
F4 The options are currently vested.
F5 The options are currently vested with respect to 33,334 shares. The remaining options vest on June 1, 2023.
F6 The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.
F7 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F8 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.
F9 The options are currently vested with respect to 5,000 shares. The remaining options vest in three installments as follows: 4,000 shares on March 12, 2024; 5,000 shares on March 12, 2025 and 6,000 shares on March 12, 2026.
F10 The options are currently vested with respect to 4,600 shares. The remaining options vest in four installments as follows: 6,900 shares on March 14, 2024; 9,200 shares on March 14, 2025; 11,500 shares on March 14, 2026 and 13,800 shares on March 14, 2027.
F11 The options vest in five installments as follows: 2,000 shares on March 14, 2024; 3,000 shares on March 14, 2025; 4,000 shares on March 14, 2026; 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.
F12 The options vest in three installments as follows: 6,666 shares on March 14, 2024; 6,666 shares on March 14, 2025 and 6,668 on March 14, 2026.
F13 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.
F14 The remaining restricted stock units vest on June 1, 2023.
F15 Not applicable.
F16 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.
F17 The remaining restricted stock units vest on March 14, 2024.
F18 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.
F19 The restricted stock units were granted under the Monster Beverage Corporation 2020 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.
F20 The remaining restricted stock units vest in three installments as follows: 1,120 units on March 12, 2024; 1,400 units on March 12, 2025 and 1,680 units on March 12, 2026.
F21 The remaining restricted stock units vest in four installments as follows: 2,040 units on March 14, 2024; 2,720 units on March 14, 2025; 3,400 units on March 14, 2026 and 4,080 units on March 14, 2027.
F22 The restricted stock units vest in five installments as follows: 680 units on March 14, 2024; 1,020 units on March 14, 2025; 1,360 units on March 14, 2026; 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.