Mark Vidergauz - May 11, 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: May 11, 2023
Transactions value $: -$236,520
Form type: 4
Date filed: 5/15/2023, 05:11 PM
Previous filing: Jun 15, 2022
Next filing: May 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNST	Common Stock	Sale	-$237K	-4K	-4.11%	$59.13	93.3K	May 11, 2023	Direct	F1

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
holding	MNST	Restricted Stock Units						3.97K	May 11, 2023	Common Stock			Direct	F2, F3, F4, F5, F6

* 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	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.
F3	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.
F4	Not applicable.
F5	No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
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.