Thomas J. Kelly - 12 Mar 2024 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
12 Mar 2024
Net transactions value
-$348,306
Form type
4
Filing time
14 Mar 2024, 21:40:53 UTC
Previous filing
27 Nov 2023
Next filing
07 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +934 +1.6% 60,990 12 Mar 2024 Direct F1
transaction MNST Common Stock Tax liability $28,355 -474 -0.78% $59.82 60,516 12 Mar 2024 Direct
transaction MNST Common Stock Options Exercise +1,132 +1.9% 61,648 14 Mar 2024 Direct F1
transaction MNST Common Stock Options Exercise +2,000 +3.2% 63,648 14 Mar 2024 Direct F1
transaction MNST Common Stock Award $0 +7,336 +12% $0.000000 70,984 14 Mar 2024 Direct F2
transaction MNST Common Stock Tax liability $319,952 -5,306 -7.5% $60.30 65,678 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 +9,000 $0.000000 9,000 14 Mar 2024 Common Stock 9,000 $60.30 Direct F7
transaction MNST Restricted Stock Units Options Exercise $0 -934 -100% $0.000000* 0 12 Mar 2024 Common Stock 934 Direct F8, F9, F10
transaction MNST Restricted Stock Units Options Exercise $0 -2,000 -50% $0.000000 2,000 14 Mar 2024 Common Stock 2,000 Direct F8, F10, F11
transaction MNST Restricted Stock Units Options Exercise $0 -1,132 -33% $0.000000 2,268 14 Mar 2024 Common Stock 1,132 Direct F8, F10, F12
transaction MNST Restricted Stock Units Award $0 +3,000 $0.000000 3,000 14 Mar 2024 Common Stock 3,000 Direct F8, F10, F13
holding MNST Employee Stock Option (right to buy) 4,428 12 Mar 2024 Common Stock $22.58 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 4,542 12 Mar 2024 Common Stock $21.99 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 4 12 Mar 2024 Common Stock $21.82 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 6,808 12 Mar 2024 Common Stock $29.37 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2024 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 24,000 12 Mar 2024 Common Stock $31.20 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2024 Common Stock $44.47 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 20,000 12 Mar 2024 Common Stock $36.62 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2024 Common Stock $50.82 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2024 Common Stock $50.82 Direct F4, F6
* 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 fully 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 13,332 shares. The remaining options vest on March 14, 2025.
F6 The options are currently vested with respect to 3,332 shares. The remaining options vest in two installments as follows: 3,334 shares on March 14, 2025 and 3,334 on March 14, 2026.
F7 The options vest in three equal installments on March 14, 2025, March 14, 2026 and March 14, 2027.
F8 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.
F9 The restricted stock units are fully vested.
F10 Not applicable.
F11 The remaining restricted stock units vest on March 14, 2025.
F12 The remaining restricted stock units vest in two installments as follows: 1,134 units on March 14, 2025 and 1,134 units on March 14, 2026.
F13 The restricted stock units vest in three equal installments on March 14, 2025, March 14, 2026 and March 14, 2027.