Mark Vidergauz - Aug 14, 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
Aug 14, 2023
Transactions value $
-$295,000
Form type
4
Date filed
8/16/2023, 06:16 PM
Previous filing
Jun 23, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Sale -$295K -5K -5.6% $59.00 84.3K Aug 14, 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 2.93K Aug 14, 2023 Common Stock Direct F2, F3, F4, F5
holding MNST Deferred Stock Units 3.97K Aug 14, 2023 Common Stock Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $59.00 to $59.01. 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.
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 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6 Each deferred stock unit is economically equivalent to one share of the Company's common stock.
F7 The deferred stock units credited 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, 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.