Emelie Tirre - Mar 12, 2024 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Mar 12, 2024
Transactions value $
-$829,346
Form type
4
Date filed
3/14/2024, 09:36 PM
Previous filing
Dec 15, 2023
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +1.12K +1.85% 61.5K Mar 12, 2024 Direct F1
transaction MNST Common Stock Tax liability -$34K -568 -0.92% $59.82 61K Mar 12, 2024 Direct
transaction MNST Common Stock Options Exercise +3.5K +5.74% 64.5K Mar 13, 2024 Direct F1
transaction MNST Common Stock Tax liability -$108K -1.77K -2.75% $60.85 62.7K Mar 13, 2024 Direct
transaction MNST Common Stock Options Exercise +5.1K +8.14% 67.8K Mar 14, 2024 Direct F1
transaction MNST Common Stock Options Exercise +2.04K +3.01% 69.8K Mar 14, 2024 Direct F1
transaction MNST Common Stock Options Exercise +680 +0.97% 70.5K Mar 14, 2024 Direct F1
transaction MNST Common Stock Award $0 +14.7K +20.81% $0.00 85.2K Mar 14, 2024 Direct F2
transaction MNST Common Stock Tax liability -$687K -11.4K -13.38% $60.30 73.8K Mar 14, 2024 Direct

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) Award $0 +18K $0.00 18K Mar 14, 2024 Common Stock 18K $60.30 Direct F10
transaction MNST Restricted Stock Units Options Exercise $0 -5.1K -100% $0.00* 0 Mar 14, 2024 Common Stock 5.1K Direct F11, F12, F13
transaction MNST Restricted Stock Units Options Exercise $0 -3.5K -45.45% $0.00 4.2K Mar 13, 2024 Common Stock 3.5K Direct F11, F13, F14
transaction MNST Restricted Stock Units Options Exercise $0 -1.12K -26.67% $0.00 3.08K Mar 12, 2024 Common Stock 1.12K Direct F13, F15, F16
transaction MNST Restricted Stock Units Options Exercise $0 -2.04K -16.67% $0.00 10.2K Mar 14, 2024 Common Stock 2.04K Direct F13, F15, F17
transaction MNST Restricted Stock Units Options Exercise $0 -680 -10% $0.00 6.12K Mar 14, 2024 Common Stock 680 Direct F13, F15, F18
transaction MNST Restricted Stock Units Award $0 +6K $0.00 6K Mar 14, 2024 Common Stock 6K Direct F13, F15, F19
holding MNST Employee Stock Option (right to buy) 16.7K Mar 12, 2024 Common Stock $25.75 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 50K Mar 12, 2024 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 40K Mar 12, 2024 Common Stock $31.20 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 20K Mar 12, 2024 Common Stock $44.47 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 46K Mar 12, 2024 Common Stock $36.62 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 20K Mar 12, 2024 Common Stock $50.82 Direct F4, F8
holding MNST Employee Stock Option (right to buy) 20K Mar 12, 2024 Common Stock $50.82 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
F2 Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
F3 The options are currently vested.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 The options are currently vested with respect to 28,000 shares. The remaining options vest on March 13, 2025.
F6 The options are currently vested with respect to 9,000 shares. The remaining options vest in two installments as follows: 5,000 shares on March 12, 2025 and 6,000 shares on March 12, 2026.
F7 The options are currently vested with respect to 11,500 shares. The remaining options vest in three installments as follows: 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 are currently vested with respect to 2,000 shares. The remaining options vest in four installments as follows: 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 are currently vested with respect to 6,666 shares. The remaining options vest in two installments as follows: 6,666 shares on March 14, 2025 and 6,668 on March 14, 2026.
F10 The options vest in five installments as follows: 1,800 shares on March 14, 2025; 2,700 shares on March 14, 2026; 3,600 shares on March 14, 2027; 4,500 shares on March 14, 2028 and 5,400 shares on March 14, 2029.
F11 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.
F12 The restricted stock units are fully vested.
F13 Not applicable.
F14 The remaining restricted stock units vest on March 13, 2025.
F15 The restricted stock units were granted under the 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.
F16 The remaining restricted stock units vest in two installments as follows: 1,400 units on March 12, 2025 and 1,680 units on March 12, 2026.
F17 The remaining restricted stock units vest in three installments as follows: 2,720 units on March 14, 2025; 3,400 units on March 14, 2026 and 4,080 units on March 14, 2027.
F18 The remaining restricted stock units vest in four installments as follows: 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.
F19 The restricted stock units vest in five installments as follows: 600 units on March 14, 2025; 900 units on March 14, 2026; 1,200 units on March 14, 2027; 1,500 units on March 14, 2028 and 1,800 units on March 14, 2029.