Guy Carling - 12 Mar 2024 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: 12 Mar 2024
Net transactions value: -$785,531
Form type: 4
Filing time: 14 Mar 2024, 21:38:57 UTC
Previous filing: 15 Dec 2023
Next filing: 14 Mar 2025
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		+1,120			1,120	12 Mar 2024	Direct	F1
transaction	MNST	Common Stock	Tax liability	$32,183	-538	-48%	$59.82	582	12 Mar 2024	Direct
transaction	MNST	Common Stock	Options Exercise		+3,500	+601%		4,082	13 Mar 2024	Direct	F1
transaction	MNST	Common Stock	Tax liability	$102,228	-1,680	-41%	$60.85	2,402	13 Mar 2024	Direct
transaction	MNST	Common Stock	Options Exercise		+5,100	+212%		7,502	14 Mar 2024	Direct	F1
transaction	MNST	Common Stock	Options Exercise		+2,040	+27%		9,542	14 Mar 2024	Direct	F1
transaction	MNST	Common Stock	Options Exercise		+680	+7.1%		10,222	14 Mar 2024	Direct	F1
transaction	MNST	Common Stock	Award	$0	+14,672	+144%	$0.000000	24,894	14 Mar 2024	Direct	F2
transaction	MNST	Common Stock	Tax liability	$651,119	-10,798	-43%	$60.30	14,096	14 Mar 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	+18,000		$0.000000	18,000	14 Mar 2024	Common Stock	18,000	$60.30	Direct	F10
transaction	MNST	Restricted Stock Units	Options Exercise	$0	-5,100	-100%	$0.000000^*	0	14 Mar 2024	Common Stock	5,100		Direct	F11, F12, F13
transaction	MNST	Restricted Stock Units	Options Exercise	$0	-3,500	-45%	$0.000000	4,200	13 Mar 2024	Common Stock	3,500		Direct	F11, F13, F14
transaction	MNST	Restricted Stock Units	Options Exercise	$0	-1,120	-27%	$0.000000	3,080	12 Mar 2024	Common Stock	1,120		Direct	F13, F15, F16
transaction	MNST	Restricted Stock Units	Options Exercise	$0	-2,040	-17%	$0.000000	10,200	14 Mar 2024	Common Stock	2,040		Direct	F13, F15, F17
transaction	MNST	Restricted Stock Units	Options Exercise	$0	-680	-10%	$0.000000	6,120	14 Mar 2024	Common Stock	680		Direct	F13, F15, F18
transaction	MNST	Restricted Stock Units	Award	$0	+6,000		$0.000000	6,000	14 Mar 2024	Common Stock	6,000		Direct	F13, F15, F19
holding	MNST	Employee Stock Option (right to buy)						6	12 Mar 2024	Common Stock		$25.75	Direct	F3, F4
holding	MNST	Employee Stock Option (right to buy)						15,000	12 Mar 2024	Common Stock		$29.84	Direct	F3, F4
holding	MNST	Employee Stock Option (right to buy)						22,000	12 Mar 2024	Common Stock		$31.20	Direct	F4, F5
holding	MNST	Employee Stock Option (right to buy)						15,000	12 Mar 2024	Common Stock		$44.47	Direct	F4, F6
holding	MNST	Employee Stock Option (right to buy)						41,400	12 Mar 2024	Common Stock		$36.62	Direct	F4, F7
holding	MNST	Employee Stock Option (right to buy)						20,000	12 Mar 2024	Common Stock		$50.82	Direct	F4, F8
holding	MNST	Employee Stock Option (right to buy)						20,000	12 Mar 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 10,000 shares. The remaining options vest on March 13, 2025.
F6	The options are currently vested with respect to 4,000 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 6,900 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.