James L. Dinkins - 21 Jun 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Director
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
21 Jun 2023
Net transactions value
$0
Form type
4
Filing time
23 Jun 2023, 17:19:03 UTC
Previous filing
15 Jun 2022
Next filing
13 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +3,974 +111% 7,554 21 Jun 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 Restricted Stock Units Options Exercise -3,974 -100% 0 21 Jun 2023 Common Stock 3,974 Direct F1, F3, F4
transaction MNST Restricted Stock Units Award $0 +2,932 $0.000000 2,932 22 Jun 2023 Common Stock 2,932 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. These restricted stock units were settled as shares of common stock.
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 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.
F4 Not applicable.
F5 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.
F6 The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2024 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.