Mark J. Hall - Mar 4, 2024 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Director
Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Mar 4, 2024
Transactions value $
-$28,049,030
Form type
4
Date filed
3/6/2024, 06:38 PM
Previous filing
Aug 16, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise $2.71M +120K +11.67% $22.58 1.15M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $2.62M +120K +10.45% $21.82 1.27M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $2.94M +100K +7.89% $29.37 1.37M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $1.04M +35K +2.56% $29.84 1.4M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $562K +18K +1.28% $31.20 1.42M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $445K +10K +0.7% $44.47 1.43M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Options Exercise $220K +6K +0.42% $36.62 1.44M Mar 4, 2024 By MJCF Hall Family Trust F1
transaction MNST Common Stock Sale -$38.6M -659K -45.86% $58.55 778K Mar 4, 2024 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
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -120K -100% $0.00* 0 Mar 4, 2024 Common Stock 120K $22.58 Direct F3
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -120K -100% $0.00* 0 Mar 4, 2024 Common Stock 120K $21.82 Direct F3
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -100K -100% $0.00* 0 Mar 4, 2024 Common Stock 100K $29.37 Direct F3
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -35K -70% $0.00 15K Mar 4, 2024 Common Stock 35K $29.84 Direct F4
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -18K -45% $0.00 22K Mar 4, 2024 Common Stock 18K $31.20 Direct F5
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -10K -25% $0.00 30K Mar 4, 2024 Common Stock 10K $44.47 Direct F6
transaction MNST Employee Stock Option (right to buy) Options Exercise $0 -6K -10% $0.00 54K Mar 4, 2024 Common Stock 6K $36.62 Direct F7
holding MNST Employee Stock Option (right to buy) 60K Mar 4, 2024 Common Stock $50.82 Direct F8, F9
holding MNST Restricted Stock Units 5.1K Mar 4, 2024 Common Stock Direct F9, F10, F11, F12
holding MNST Restricted Stock Units 7.7K Mar 4, 2024 Common Stock Direct F9, F10, F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was executed in multiple trades at prices ranging from $58.32 to $58.97. 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.
F3 The options are fully vested.
F4 The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.
F5 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.
F6 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.
F7 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.
F8 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.
F9 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
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.