Mark J. Hall - 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 $
-$3,305,240
Form type
4
Date filed
8/16/2023, 06:17 PM
Previous filing
Aug 11, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Sale -$3.31M -56.2K -5.18% $58.81 1.03M Aug 14, 2023 By MJCF Hall Family Trust 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
holding MNST Employee Stock Option (right to buy) 120K Aug 14, 2023 Common Stock $22.58 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 120K Aug 14, 2023 Common Stock $21.82 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 100K Aug 14, 2023 Common Stock $29.37 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 50K Aug 14, 2023 Common Stock $29.84 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 40K Aug 14, 2023 Common Stock $31.20 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 40K Aug 14, 2023 Common Stock $44.47 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 60K Aug 14, 2023 Common Stock $36.62 Direct F4, F8
holding MNST Employee Stock Option (right to buy) 60K Aug 14, 2023 Common Stock $50.82 Direct F4, F9
holding MNST Restricted Stock Units 5.1K Aug 14, 2023 Common Stock Direct F4, F10, F11, F12
holding MNST Restricted Stock Units 7.7K Aug 14, 2023 Common Stock Direct F4, F10, F12, F13
* 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 $58.80 to $58.86. 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 The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
F3 The options are fully vested.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.
F6 The options are currently vested with respect to 18,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 13, 2024 and 12,000 shares on March 13, 2025.
F7 The options are currently vested with respect to 10,000 shares. The remaining options vest in three installments as follows: 8,000 shares on March 12, 2024; 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.
F8 The options are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 9,000 shares on March 14, 2024; 12,000 shares on March 14, 2025; 15,000 shares on March 14, 2026 and 18,000 shares on March 14, 2027.
F9 The options vest in five installments as follows: 6,000 shares on March 14, 2024; 9,000 shares on March 14, 2025; 12,000 shares on March 14, 2026; 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.
F10 The restricted stock units were granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
F11 The remaining restricted stock units vest on March 14, 2024.
F12 Not applicable.
F13 The remaining restricted stock units vest in two installments as follows: 3,500 units on March 13, 2024 and 4,200 units on March 13, 2025.