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

Role
Director
Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Jul 10, 2023
Transactions value $
$27,513
Form type
4
Date filed
7/12/2023, 05:13 PM
Previous filing
Jul 7, 2023
Next filing
Oct 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding MNST Common Stock 12,306 Jul 10, 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
transaction MNST Deferred Stock Units +Grant/Award $27,513 +488 +1.15% $56.38 42,923 Jul 10, 2023 Common Stock 488 Direct F5, F6, F7
holding MNST Restricted Stock Units 2,932 Jul 10, 2023 Common Stock Direct F1, F2, F3, F4

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 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 2024 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
F4 Not applicable.
F5 Each deferred stock unit is economically equivalent to one share of the Company's common stock.
F6 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.
F7 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.