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 |
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 |
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. |