Mark J. Hall - 13 Mar 2024 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Director
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
13 Mar 2024
Net transactions value
-$223,091
Form type
4
Filing time
14 Mar 2024, 21:42:31 UTC
Previous filing
06 Mar 2024
Next filing
11 Jun 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 +3,500 +0.45% 781,340 13 Mar 2024 By MJCF Hall Family Trust F1, F2
transaction MNST Common Stock Tax liability $91,275 -1,500 -0.19% $60.85 779,840 13 Mar 2024 Direct
transaction MNST Common Stock Options Exercise +5,100 +0.65% 784,940 14 Mar 2024 By MJCF Hall Family Trust F1, F2
transaction MNST Common Stock Tax liability $131,816 -2,186 -0.28% $60.30 782,754 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 +60,000 $0.000000 60,000 14 Mar 2024 Common Stock 60,000 $60.30 Direct F9
transaction MNST Restricted Stock Units Options Exercise $0 -5,100 -100% $0.000000* 0 14 Mar 2024 Common Stock 5,100 Direct F10, F11, F12
transaction MNST Restricted Stock Units Options Exercise $0 -3,500 -45% $0.000000 4,200 13 Mar 2024 Common Stock 3,500 Direct F10, F12, F13
holding MNST Employee Stock Option (right to buy) 15,000 13 Mar 2024 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 22,000 13 Mar 2024 Common Stock $31.20 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 30,000 13 Mar 2024 Common Stock $44.47 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 54,000 13 Mar 2024 Common Stock $36.62 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 60,000 13 Mar 2024 Common Stock $50.82 Direct F4, F8
* 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 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.
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 10,000 shares. The remaining options vest on March 13, 2025.
F6 The options are currently vested with respect to 8,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.
F7 The options are currently vested with respect to 9,000 shares. The remaining options vest in three installments as follows: 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 are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 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 The options vest in five installments as follows: 6,000 shares on March 14, 2025; 9,000 shares on March 14, 2026; 12,000 shares on March 14, 2027; 15,000 shares on March 14, 2028 and 18,000 shares on March 14, 2029.
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 restricted stock units are fully vested.
F12 Not applicable.
F13 The remaining restricted stock units vest on March 13, 2025.