MARK J. HALL - 07 Jun 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
07 Jun 2024
Net transactions value
-$13,055,000
Form type
4
Filing time
11 Jun 2024, 21:19:09 UTC
Previous filing
14 Mar 2024
Next filing
13 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Sale $13,055,000 -250,000 -32% $52.22 532,754 07 Jun 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
holding MNST Employee Stock Option (right to buy) 15,000 07 Jun 2024 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 22,000 07 Jun 2024 Common Stock $31.20 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 30,000 07 Jun 2024 Common Stock $44.47 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 54,000 07 Jun 2024 Common Stock $36.62 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 60,000 07 Jun 2024 Common Stock $50.82 Direct F4, F8
holding MNST Employee Stock Option (right to buy) 60,000 07 Jun 2024 Common Stock $60.30 Direct F4, F9
holding MNST Restricted Stock Units 4,200 07 Jun 2024 Common Stock Direct F4, F10, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $52.10 to $52.33. 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.
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 remaining restricted stock units vest on March 13, 2025.
F12 Not applicable.