Guy Carling - 14 Dec 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
President of EMEA
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
14 Dec 2023
Net transactions value
-$1,490,424
Form type
4
Filing time
15 Dec 2023, 19:31:52 UTC
Previous filing
05 Jun 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 $428,995 +16,660 +93% $25.75 34,553 14 Dec 2023 Direct
transaction MNST Common Stock Sale $1,919,419 -34,553 -100% $55.55 0 14 Dec 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 -16,660 -100% $0.000000 6 14 Dec 2023 Common Stock 16,660 $25.75 Direct F2
holding MNST Employee Stock Option (right to buy) 15,000 14 Dec 2023 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 22,000 14 Dec 2023 Common Stock $31.20 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 15,000 14 Dec 2023 Common Stock $44.47 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 41,400 14 Dec 2023 Common Stock $36.62 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 20,000 14 Dec 2023 Common Stock $50.82 Direct F4, F8
holding MNST Employee Stock Option (right to buy) 20,000 14 Dec 2023 Common Stock $50.82 Direct F4, F9
holding MNST Restricted Stock Units 5,100 14 Dec 2023 Common Stock Direct F4, F10, F11, F12
holding MNST Restricted Stock Units 7,700 14 Dec 2023 Common Stock Direct F4, F10, F12, F13
holding MNST Restricted Stock Units 4,200 14 Dec 2023 Common Stock Direct F4, F12, F14, F15
holding MNST Restricted Stock Units 12,240 14 Dec 2023 Common Stock Direct F4, F12, F14, F16
holding MNST Restricted Stock Units 6,800 14 Dec 2023 Common Stock Direct F4, F12, F14, F17
* 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 $55.43 to $55.77. 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 currently vested.
F3 The remaining options vest on March 14, 2024.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 The remaining options vest in two installments as follows: 10,000 shares on March 13, 2024 and 12,000 shares on March 13, 2025.
F6 The remaining options vest in three installments as follows: 4,000 shares on March 12, 2024; 5,000 shares on March 12, 2025 and 6,000 shares on March 12, 2026.
F7 The remaining options vest in four installments as follows: 6,900 shares on March 14, 2024; 9,200 shares on March 14, 2025; 11,500 shares on March 14, 2026 and 13,800 shares on March 14, 2027.
F8 The options vest in five installments as follows: 2,000 shares on March 14, 2024; 3,000 shares on March 14, 2025; 4,000 shares on March 14, 2026; 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.
F9 The options vest in three installments as follows: 6,666 shares on March 14, 2024; 6,666 shares on March 14, 2025 and 6,668 on March 14, 2026.
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.
F14 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.
F15 The remaining restricted stock units vest in three installments as follows: 1,120 units on March 12, 2024; 1,400 units on March 12, 2025 and 1,680 units on March 12, 2026.
F16 The remaining restricted stock units vest in four installments as follows: 2,040 units on March 14, 2024; 2,720 units on March 14, 2025; 3,400 units on March 14, 2026 and 4,080 units on March 14, 2027.
F17 The restricted stock units vest in five installments as follows: 680 units on March 14, 2024; 1,020 units on March 14, 2025; 1,360 units on March 14, 2026; 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.