Rodney C. Sacks - Dec 27, 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role: Chairman and Co-CEO, Director
Signature: Paul J. Dechary, attorney-in-fact
Stock symbol: MNST
Transactions as of: Dec 27, 2023
Transactions value $: -$72,783,213
Form type: 4
Date filed: 12/29/2023, 05:58 PM
Previous filing: Dec 15, 2023
Next filing: Jan 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNST	Common Stock	Options Exercise	$100K	+8.56K	+0.9%	$11.68	956K	Dec 27, 2023	Direct
transaction	MNST	Common Stock	Options Exercise	$19.6M	+1.68M		$11.68	1.68M	Dec 27, 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Tax liability	-$57.7M	-1.01M	-59.85%	$57.34	675K	Dec 27, 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$7.15M	+317K	+46.96%	$22.58	991K	Dec 27, 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Tax liability	-$12.6M	-220K	-22.19%	$57.34	771K	Dec 27, 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$7.21M	+617K		$11.68	617K	Dec 27, 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	-$21.2M	-369K	-59.85%	$57.34	248K	Dec 27, 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$14.1M	+625K	+252.09%	$22.58	873K	Dec 27, 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	-$24.9M	-434K	-49.71%	$57.34	439K	Dec 27, 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$2.4M	+206K		$11.68	206K	Dec 27, 2023	By Hilrod Holdings XXIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	-$7.06M	-123K	-59.85%	$57.34	82.6K	Dec 27, 2023	By Hilrod Holdings XXIII, L.P.	F1
holding	MNST	Common Stock						11.3M	Dec 27, 2023	By Brandon Limited Partnership No. 1	F1
holding	MNST	Common Stock						58.8M	Dec 27, 2023	By Brandon Limited Partnership No. 2	F1
holding	MNST	Common Stock						107K	Dec 27, 2023	By Hilrod Holdings IV, L.P.	F1
holding	MNST	Common Stock						219K	Dec 27, 2023	By Hilrod Holdings V, L.P.	F1
holding	MNST	Common Stock						647K	Dec 27, 2023	By Hilrod Holdings VI, L.P.	F1
holding	MNST	Common Stock						580K	Dec 27, 2023	By Hilrod Holdings VIII, L.P.	F1
holding	MNST	Common Stock						463K	Dec 27, 2023	By Hilrod Holdings IX, L.P.	F1
holding	MNST	Common Stock						361K	Dec 27, 2023	By Hilrod Holdings XV, L.P.	F1
holding	MNST	Common Stock						674K	Dec 27, 2023	By Hilrod Holdings XIX, L.P.	F1
holding	MNST	Common Stock						729K	Dec 27, 2023	By Hilrod Holdings XX, L.P.	F1
holding	MNST	Common Stock						729K	Dec 27, 2023	By Hilrod Holdings XXI, L.P.	F1
holding	MNST	Common Stock						489K	Dec 27, 2023	By Hilrod Holdings XXIV, L.P.	F1
holding	MNST	Common Stock						268K	Dec 27, 2023	By Hilrod Holdings XXV, L.P.	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	-8.56K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	8.56K	$11.68	Direct	F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-840K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	840K	$11.68	By Hilrod Holdings XVI, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-309K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	309K	$11.68	By Hilrod Holdings XVIII, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-103K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	103K	$11.68	By Hilrod Holdings XXIII, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-158K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	158K	$22.58	By Hilrod Holdings XVI, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-312K	-100%	$0.00^*	0	Dec 27, 2023	Common Stock	312K	$22.58	By Hilrod Holdings XVIII, L.P.	F1, F2
holding	MNST	Employee Stock Option (right to buy)						4.43K	Dec 27, 2023	Common Stock		$22.58	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						4.54K	Dec 27, 2023	Common Stock		$21.99	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						195K	Dec 27, 2023	Common Stock		$21.99	By Hilrod Holdings XVIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						431K	Dec 27, 2023	Common Stock		$21.99	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						4.33K	Dec 27, 2023	Common Stock		$23.14	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						49.9K	Dec 27, 2023	Common Stock		$23.14	By Hilrod Holdings XVIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						154K	Dec 27, 2023	Common Stock		$23.14	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						403K	Dec 27, 2023	Common Stock		$23.14	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						3.4K	Dec 27, 2023	Common Stock		$29.37	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						173K	Dec 27, 2023	Common Stock		$29.37	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						352K	Dec 27, 2023	Common Stock		$29.37	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						194K	Dec 27, 2023	Common Stock		$29.84	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						194K	Dec 27, 2023	Common Stock		$29.84	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						194K	Dec 27, 2023	Common Stock		$29.84	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						213K	Dec 27, 2023	Common Stock		$31.20	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						170K	Dec 27, 2023	Common Stock		$31.20	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						260K	Dec 27, 2023	Common Stock		$44.47	Direct	F3, F4
holding	MNST	Employee Stock Option (right to buy)						291K	Dec 27, 2023	Common Stock		$36.62	Direct	F3, F5
holding	MNST	Employee Stock Option (right to buy)						183K	Dec 27, 2023	Common Stock		$50.82	Direct	F3, F6
holding	MNST	Restricted Stock Units						25.3K	Dec 27, 2023	Common Stock			Direct	F3, F7, F8, F9
holding	MNST	Restricted Stock Units						61.5K	Dec 27, 2023	Common Stock			Direct	F3, F7, F9, F10
holding	MNST	Restricted Stock Units						67.6K	Dec 27, 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	Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings XV, L.P., Hilrod Holdings XVI, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P., Hilrod Holdings XXI, L.P., Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P., Hilrod Holdings XXV, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F2	The options are currently 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 173,200 shares. The remaining options vest on March 12, 2024.
F5	The options are currently vested with respect to 97,132 shares. The remaining options vest in two equal installments on March 14, 2024 and March 14, 2025.
F6	The options vest in three equal installments on March 14, 2024, 2025 and 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 installments as follows: 30,734 units on March 14, 2024 and 30,734 units on March 14, 2025.
F11	The restricted stock units vest in three installments as follows: 22,532 units on March 14, 2024, 22,534 units on March 14, 2025 and 22,534 units on March 14, 2026.