Jeanne P. Jackson - Jun 14, 2021 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Director
Signature
/s/ Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Jun 14, 2021
Transactions value $
$0
Form type
4
Date filed
6/16/2021, 07:26 PM
Next filing
Jun 21, 2021

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 Restricted Stock Units Options Exercise -2.28K -100% 0 Jun 14, 2021 Common Stock 2.28K Direct F1, F2
transaction MNST Restricted Stock Units Award $0 +1.79K $0.00 1.79K Jun 15, 2021 Common Stock 1.79K Direct F2, F3, F4
transaction MNST Deferred Stock Units Award +2.28K +55.24% 6.4K Jun 14, 2021 Common Stock 2.28K Direct F1, F5, F6, F7
* 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 either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same, see footnote 6 below.
F2 Not applicable.
F3 Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date.
F4 The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2022 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
F5 Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
F6 Deferred Stock Units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors, effective May 1, 2017, which may include voluntary deferred compensation.
F7 The Deferred Stock Units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.