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

Role: Chairman and Co-CEO, Director
Signature: Paul J. Dechary, attorney-in-fact
Issuer symbol: MNST
Transactions as of: 27 Dec 2023
Net transactions value: -$72,783,213
Form type: 4
Filing time: 29 Dec 2023, 17:58:36 UTC
Previous filing: 15 Dec 2023
Next filing: 05 Jan 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	$100,004	+8,562	+0.9%	$11.68	956,466	27 Dec 2023	Direct
transaction	MNST	Common Stock	Options Exercise	$19,622,400	+1,680,000		$11.68	1,680,000	27 Dec 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Tax liability	$57,651,815	-1,005,438	-60%	$57.34	674,562	27 Dec 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$7,153,344	+316,800	+47%	$22.58	991,362	27 Dec 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Tax liability	$12,613,080	-219,970	-22%	$57.34	771,392	27 Dec 2023	By Hilrod Holdings XVI, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$7,208,989	+617,208		$11.68	617,208	27 Dec 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	$21,180,479	-369,384	-60%	$57.34	247,824	27 Dec 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$14,106,720	+624,744	+252%	$22.58	872,568	27 Dec 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	$24,873,633	-433,792	-50%	$57.34	438,776	27 Dec 2023	By Hilrod Holdings XVIII, L.P.	F1
transaction	MNST	Common Stock	Options Exercise	$2,402,202	+205,668		$11.68	205,668	27 Dec 2023	By Hilrod Holdings XXIII, L.P.	F1
transaction	MNST	Common Stock	Tax liability	$7,057,866	-123,088	-60%	$57.34	82,580	27 Dec 2023	By Hilrod Holdings XXIII, L.P.	F1
holding	MNST	Common Stock						11,291,136	27 Dec 2023	By Brandon Limited Partnership No. 1	F1
holding	MNST	Common Stock						58,773,888	27 Dec 2023	By Brandon Limited Partnership No. 2	F1
holding	MNST	Common Stock						106,868	27 Dec 2023	By Hilrod Holdings IV, L.P.	F1
holding	MNST	Common Stock						218,570	27 Dec 2023	By Hilrod Holdings V, L.P.	F1
holding	MNST	Common Stock						647,400	27 Dec 2023	By Hilrod Holdings VI, L.P.	F1
holding	MNST	Common Stock						579,956	27 Dec 2023	By Hilrod Holdings VIII, L.P.	F1
holding	MNST	Common Stock						462,512	27 Dec 2023	By Hilrod Holdings IX, L.P.	F1
holding	MNST	Common Stock						361,356	27 Dec 2023	By Hilrod Holdings XV, L.P.	F1
holding	MNST	Common Stock						673,544	27 Dec 2023	By Hilrod Holdings XIX, L.P.	F1
holding	MNST	Common Stock						729,272	27 Dec 2023	By Hilrod Holdings XX, L.P.	F1
holding	MNST	Common Stock						729,272	27 Dec 2023	By Hilrod Holdings XXI, L.P.	F1
holding	MNST	Common Stock						489,124	27 Dec 2023	By Hilrod Holdings XXIV, L.P.	F1
holding	MNST	Common Stock						268,000	27 Dec 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	-8,562	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	8,562	$11.68	Direct	F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-840,000	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	840,000	$11.68	By Hilrod Holdings XVI, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-308,604	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	308,604	$11.68	By Hilrod Holdings XVIII, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-102,834	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	102,834	$11.68	By Hilrod Holdings XXIII, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-158,400	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	158,400	$22.58	By Hilrod Holdings XVI, L.P.	F1, F2
transaction	MNST	Employee Stock Option (right to buy)	Options Exercise	$0	-312,372	-100%	$0.000000^*	0	27 Dec 2023	Common Stock	312,372	$22.58	By Hilrod Holdings XVIII, L.P.	F1, F2
holding	MNST	Employee Stock Option (right to buy)						4,428	27 Dec 2023	Common Stock		$22.58	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						4,542	27 Dec 2023	Common Stock		$21.99	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						194,514	27 Dec 2023	Common Stock		$21.99	By Hilrod Holdings XVIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						430,944	27 Dec 2023	Common Stock		$21.99	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						4,326	27 Dec 2023	Common Stock		$23.14	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						49,926	27 Dec 2023	Common Stock		$23.14	By Hilrod Holdings XVIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						153,742	27 Dec 2023	Common Stock		$23.14	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						403,006	27 Dec 2023	Common Stock		$23.14	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						3,404	27 Dec 2023	Common Stock		$29.37	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						172,596	27 Dec 2023	Common Stock		$29.37	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						352,000	27 Dec 2023	Common Stock		$29.37	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						194,400	27 Dec 2023	Common Stock		$29.84	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						194,400	27 Dec 2023	Common Stock		$29.84	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						194,400	27 Dec 2023	Common Stock		$29.84	By Hilrod Holdings XXVI, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						212,668	27 Dec 2023	Common Stock		$31.20	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						170,132	27 Dec 2023	Common Stock		$31.20	By Hilrod Holdings XXIII, L.P.	F1, F2, F3
holding	MNST	Employee Stock Option (right to buy)						259,800	27 Dec 2023	Common Stock		$44.47	Direct	F3, F4
holding	MNST	Employee Stock Option (right to buy)						291,400	27 Dec 2023	Common Stock		$36.62	Direct	F3, F5
holding	MNST	Employee Stock Option (right to buy)						183,000	27 Dec 2023	Common Stock		$50.82	Direct	F3, F6
holding	MNST	Restricted Stock Units						25,268	27 Dec 2023	Common Stock			Direct	F3, F7, F8, F9
holding	MNST	Restricted Stock Units						61,468	27 Dec 2023	Common Stock			Direct	F3, F7, F9, F10
holding	MNST	Restricted Stock Units						67,600	27 Dec 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.