BENJAMIN POLK - 07 Jan 2022 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Director
Signature
/s/ Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
07 Jan 2022
Net transactions value
+$22,480
Form type
4
Filing time
11 Jan 2022, 17:30:27 UTC
Previous filing
12 Oct 2021
Next filing
11 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +3,883 +9.3% 45,700 07 Jan 2022 Direct F1

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 Deferred Stock Units Options Exercise -3,883 -48% 4,234 07 Jan 2022 Common Stock 3,883 Direct F1
transaction MNST Deferred Stock Units Award $22,480 +239 +5.6% $94.06 4,473 07 Jan 2022 Common Stock 239 Direct F6, F7, F8
holding MNST Restricted Stock Units 1,790 07 Jan 2022 Common Stock Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 7, 2022, 3,883 of the Deferred Stock Units credited under the Deferral Plan (as defined in footnote 7) were settled for an equal number of shares of Common Stock. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
F2 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.
F3 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 shareholder meeting, provided that the reporting person continues as a director of the Company through such date.
F4 Not applicable.
F5 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6 Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
F7 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.
F8 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.