Rodney C. Sacks - 02 Feb 2022 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
02 Feb 2022
Net transactions value
-$5,113,285
Form type
4
Filing time
16 Mar 2022, 18:21:15 UTC
Previous filing
07 Jan 2022
Next filing
20 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Award $0 +64,084 +95% $0.000000 131,304 14 Mar 2022 Direct F1
transaction MNST Common Stock Award $0 +14,550 +11% $0.000000 145,854 14 Mar 2022 Direct F2
transaction MNST Common Stock Options Exercise +62,195 +43% 208,049 14 Mar 2022 Direct F3, F4
transaction MNST Common Stock Tax liability $5,113,285 -69,825 -34% $73.23 138,224 14 Mar 2022 Direct
holding MNST Common Stock 5,645,568 02 Feb 2022 By Brandon Limited Partnership No. 1 F5
holding MNST Common Stock 29,386,944 02 Feb 2022 By Brandon Limited Partnership No. 2 F5
holding MNST Common Stock 104,772 02 Feb 2022 By Hilrod Holdings IV, L.P. F5
holding MNST Common Stock 214,284 02 Feb 2022 By Hilrod Holdings V, L.P. F5
holding MNST Common Stock 323,700 02 Feb 2022 By Hilrod Holdings VI, L.P. F5
holding MNST Common Stock 120,216 02 Feb 2022 By Hilrod Holdings VII, L.P. F5
holding MNST Common Stock 568,584 02 Feb 2022 By Hilrod Holdings VIII, L.P. F5
holding MNST Common Stock 453,444 02 Feb 2022 By Hilrod Holdings IX, L.P. F5
holding MNST Common Stock 249,918 02 Feb 2022 By Hilrod Holdings X, L.P. F5
holding MNST Common Stock 505,242 02 Feb 2022 By Hilrod Holdings XI, L.P. F5
holding MNST Common Stock 327,186 02 Feb 2022 By Hilrod Holdings XII, L.P. F5
holding MNST Common Stock 1,440,954 02 Feb 2022 By Hilrod Holdings XIII, L.P. F5
holding MNST Common Stock 186,790 02 Feb 2022 By Hilrod Holdings XIV, L.P. F5
holding MNST Common Stock 4,176 02 Feb 2022 By Hilrod Holdings XV, L.P. F5
holding MNST Common Stock 988,386 02 Feb 2022 By Hilrod Holdings XVII, L.P. F5
holding MNST Common Stock 336,772 02 Feb 2022 By Hilrod Holdings XIX, L.P. F5
holding MNST Common Stock 731,566 02 Feb 2022 By Hilrod Holdings XX, L.P. F5
holding MNST Common Stock 731,566 02 Feb 2022 By Hilrod Holdings XXI, L.P. F5
holding MNST Common Stock 500,000 02 Feb 2022 By Hilrod Holdings XXII, L.P. F5
holding MNST Common Stock 360,244 02 Feb 2022 By Hilrod Holdings XXIV, L.P. F5
holding MNST Common Stock 900,000 02 Feb 2022 By Hilrod Holdings XXV, L.P. F5
holding MNST Common Stock 3,091,215 02 Feb 2022 By HHS 2010 GRAT #3 F5
holding MNST Common Stock 28,722 02 Feb 2022 By HHS 2014 GRAT #2 F5

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) Gift $0 -107,736 -100% $0.000000* 0 02 Feb 2022 Common stock 107,736 $43.99 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -107,736 -100% $0.000000* 0 02 Feb 2022 Common Stock 107,736 $43.99 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -100,752 -100% $0.000000* 0 02 Feb 2022 Common Stock 100,752 $46.27 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -100,751 -100% $0.000000* 0 02 Feb 2022 Common Stock 100,751 $46.27 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -88,000 -100% $0.000000* 0 02 Feb 2022 Common Stock 88,000 $58.73 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -88,000 -100% $0.000000* 0 02 Feb 2022 Common Stock 88,000 $58.73 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -48,600 -100% $0.000000* 0 02 Feb 2022 Common Stock 48,600 $59.67 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -48,600 -100% $0.000000* 0 02 Feb 2022 Common Stock 48,600 $59.67 By Hilrod Holdings XXI, L.P. F5, F6, F9
holding MNST Employee Stock Option (right to buy) 11,118 02 Feb 2022 Common Stock $17.99 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 408,882 02 Feb 2022 Common Stock $17.99 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 210,000 02 Feb 2022 Common Stock $17.99 By Hilrod Holdings XV, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 4,281 02 Feb 2022 Common Stock $23.35 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 420,000 02 Feb 2022 Common Stock $23.35 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 154,302 02 Feb 2022 Common Stock $23.35 Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 51,417 02 Feb 2022 Common Stock $23.35 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 2,214 02 Feb 2022 Common Stock $45.16 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 79,200 02 Feb 2022 Common Stock $45.16 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 156,186 02 Feb 2022 Common Stock $45.16 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 2,271 02 Feb 2022 Common Stock $43.99 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 97,257 02 Feb 2022 Common Stock $43.99 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 215,472 02 Feb 2022 Common Stock 215,472 $43.99 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 2,163 02 Feb 2022 Common Stock $46.27 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 24,963 02 Feb 2022 Common Stock $46.27 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 76,871 02 Feb 2022 Common Stock $46.27 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 201,503 02 Feb 2022 Common Stock 201,503 $46.27 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 1,702 02 Feb 2022 Common Stock $58.73 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 86,298 02 Feb 2022 Common Stock $58.73 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 176,000 02 Feb 2022 Common Stock 176,000 $58.73 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 97,200 02 Feb 2022 Common Stock $59.67 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 97,200 02 Feb 2022 Common Stock $59.67 By Hilrod Holdings XXIII, L.P. F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received upon the achievement of the vesting criteria applicable to the second of three tranches of performance share units granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan (the "2011 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors (the "Compensation Committee"). Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
F2 Share amount reflects that portion of the reporting person's annual incentive award for the 2021 fiscal year granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan") paid upon the achievement of performance-based vesting criteria applicable to such portion of the award that is payable in shares of the Company's common stock, achievement of which was certified by the Compensation Committee. The shares underlying the award are immediately vested.
F3 Sum of all restricted stock units vested on March 14, 2022.
F4 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.
F5 Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VII, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XI, L.P., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, L.P., Hilrod Holdings XV, L.P., Hilrod Holdings XVI, L.P., Hilrod Holdings XVII, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P., Hilrod Holdings XXI, L.P., Hilrod Holdings XXII, L.P., Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P., Hilrod Holdings XXV, L.P. and Hilrod Holdings XXVI, L.P., (ii) is the trustee of HHS 2010 GRAT #3 and HHS 2014 GRAT #2 and (iii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F6 The options are currently vested.
F7 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F8 Reflects the assignment of options from Hilrod Holdings XX, L.P. to Hilrod Holdings XXVI, L.P., of which the reporting person is one of the general partners and limited partners. The options assigned to Hilrod Holdings XXVI, L.P. are indirectly beneficially owned by the reporting person.
F9 Reflects the assignment of options from Hilrod Holdings XXI, L.P. to Hilrod Holdings XXVI, L.P., of which the reporting person is one of the general partners and limited partners. The options assigned to Hilrod Holdings XXVI, L.P. are indirectly beneficially owned by the reporting person.

Remarks:

Due to limitations on number of entries per table, this Form 4 consists of two parts filed concurrently. Part I and Part II of the Reporting Person's Form 4 shall constitute one filing. This is Part I of II.