Rodney C. Sacks - 11 Jun 2024 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Chairman and Co-CEO, Director
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
11 Jun 2024
Net transactions value
-$21,725,230
Form type
4
Filing time
13 Jun 2024, 21:18:29 UTC
Previous filing
14 Mar 2024
Next filing
30 Aug 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 Sale $4,169,987 -78,679 -17% $53.00 387,310 11 Jun 2024 Direct F1
transaction MNST Common Stock Sale $4,518,091 -85,247 -24% $53.00 276,109 11 Jun 2024 By Hilrod Holdings XV, L.P. F1, F2
transaction MNST Common Stock Sale $10,972,166 -207,022 -47% $53.00 231,754 11 Jun 2024 By Hilrod Holdings XVIII, L.P. F1, F2
transaction MNST Common Stock Sale $2,064,986 -38,962 -47% $53.00 43,618 11 Jun 2024 By Hilrod Holdings XXIII, L.P. F1, F2
holding MNST Common Stock 11,291,136 11 Jun 2024 By Brandon Limited Partnership No. 1 F2
holding MNST Common Stock 58,773,888 11 Jun 2024 By Brandon Limited Partnership No. 2 F2
holding MNST Common Stock 489,124 11 Jun 2024 By Hilrod Holdings XXIV, L.P. F2
holding MNST Common Stock 268,000 11 Jun 2024 By Hilrod Holdings XXV, L.P. 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) 4,428 11 Jun 2024 Common Stock $22.58 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 4,542 11 Jun 2024 Common Stock $21.99 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 194,514 11 Jun 2024 Common Stock $21.99 By Hilrod Holdings XVIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 430,944 11 Jun 2024 Common Stock $21.99 By Hilrod Holdings XXVI, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 4,326 11 Jun 2024 Common Stock $23.14 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 49,926 11 Jun 2024 Common Stock $23.14 By Hilrod Holdings XVIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 153,742 11 Jun 2024 Common Stock $23.14 By Hilrod Holdings XXIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 403,006 11 Jun 2024 Common Stock $23.14 By Hilrod Holdings XXVI, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 3,404 11 Jun 2024 Common Stock $29.37 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 172,596 11 Jun 2024 Common Stock $29.37 By Hilrod Holdings XXIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 352,000 11 Jun 2024 Common Stock $29.37 By Hilrod Holdings XXVI, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 194,400 11 Jun 2024 Common Stock $29.84 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 194,400 11 Jun 2024 Common Stock $29.84 By Hilrod Holdings XXIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 194,400 11 Jun 2024 Common Stock $29.84 By Hilrod Holdings XXVI, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 212,668 11 Jun 2024 Common Stock $31.20 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 170,132 11 Jun 2024 Common Stock $31.20 By Hilrod Holdings XXIII, L.P. F2, F3, F4
holding MNST Employee Stock Option (right to buy) 259,800 11 Jun 2024 Common Stock $44.47 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 291,400 11 Jun 2024 Common Stock $36.62 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 183,000 11 Jun 2024 Common Stock $50.82 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 153,500 11 Jun 2024 Common Stock $60.30 Direct F4, F7
holding MNST Restricted Stock Units 30,734 11 Jun 2024 Common Stock Direct F4, F8, F9, F10
holding MNST Restricted Stock Units 45,068 11 Jun 2024 Common Stock Direct F4, F8, F10, F11
holding MNST Restricted Stock Units 58,000 11 Jun 2024 Common Stock Direct F4, F8, F10, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares tendered by the reporting person and accepted for purchase by the Company in the modified "Dutch auction" tender offer commenced by the Company on May 8, 2024. The Company announced the final results of the tender offer on June 10, 2024.
F2 Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XV, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P., Hilrod Holdings XXV, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
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 194,266 shares. The remaining options vest on March 14, 2025.
F6 The options are currently vested with respect to 61,000 shares. The remaining options vest in two equal installments on March 14, 2025 and 2026.
F7 The options vest in three installments as follows: 51,167 shares on March 14, 2025; 51,167 shares on March 14, 2026 and 51,166 shares on 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 remaining restricted stock units vest on March 14, 2025.
F10 Not applicable.
F11 The remaining restricted stock units vest in two equal installments on March 14, 2025 and March 14, 2026.
F12 The restricted stock units vest in three installments as follows: 19,333 units on March 14, 2025, 19,333 units on March 14, 2026 and 19,334 units on March 14, 2027.