Thomas J. Kelly - 22 Nov 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Chief Financial Officer
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
22 Nov 2023
Net transactions value
-$801,400
Form type
4
Filing time
27 Nov 2023, 17:16:51 UTC
Previous filing
16 May 2023
Next filing
14 Mar 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 $257,500 +10,000 +17% $25.75 70,056 22 Nov 2023 Direct
transaction MNST Common Stock Options Exercise $596,800 +20,000 +29% $29.84 90,056 22 Nov 2023 Direct
transaction MNST Common Stock Sale $1,655,700 -30,000 -33% $55.19 60,056 22 Nov 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 Employee Stock Option (right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 22 Nov 2023 Common Stock 10,000 $25.75 Direct F2
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -20,000 -67% $0.000000 10,000 22 Nov 2023 Common Stock 20,000 $29.84 Direct F2
holding MNST Employee Stock Option (right to buy) 4,428 22 Nov 2023 Common Stock $22.58 Direct F2, F3
holding MNST Employee Stock Option (right to buy) 4,542 22 Nov 2023 Common Stock $21.99 Direct F2, F3
holding MNST Employee Stock Option (right to buy) 4 22 Nov 2023 Common Stock $21.82 Direct F2, F3
holding MNST Employee Stock Option (right to buy) 6,808 22 Nov 2023 Common Stock $29.37 Direct F2, F3
holding MNST Employee Stock Option (right to buy) 24,000 22 Nov 2023 Common Stock $31.20 Direct F2, F3
holding MNST Employee Stock Option (right to buy) 10,000 22 Nov 2023 Common Stock $44.47 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 20,000 22 Nov 2023 Common Stock $36.62 Direct F3, F5
holding MNST Employee Stock Option (right to buy) 10,000 22 Nov 2023 Common Stock $50.82 Direct F3, F6
holding MNST Employee Stock Option (right to buy) 10,000 22 Nov 2023 Common Stock $50.82 Direct F3, F6
holding MNST Restricted Stock Units 934 22 Nov 2023 Common Stock Direct F3, F7, F8, F9
holding MNST Restricted Stock Units 4,000 22 Nov 2023 Common Stock Direct F3, F7, F9, F10
holding MNST Restricted Stock Units 3,400 22 Nov 2023 Common Stock Direct F3, F7, F9, F11
* 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 $55.19 to $55.21. 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 options are fully vested.
F3 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F4 The options are currently vested with respect to 6,666 shares. The remaining options vest on March 12, 2024.
F5 The options are currently vested with respect to 6,666 shares. The remaining options vest in two installments as follows: 6,666 shares on March 14, 2024 and 6,668 shares on March 14, 2025.
F6 The options vest in three installments as follows: 3,332 shares on March 14, 2024; 3,334 shares on March 14, 2025 and 3,334 on March 14, 2026.
F7 The restricted stock units were granted under the Monster Beverage Corporation 2020 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.
F8 The remaining restricted stock units vest on March 12, 2024.
F9 Not applicable.
F10 The remaining restricted stock units vest in two equal installments on March 14, 2024 and March 14, 2025.
F11 The restricted stock units vest in three installments as follows: 1,132 units on March 14, 2024; 1,134 units on March 14, 2025 and 1,134 units on March 14, 2026.