Rodney C. Sacks - Feb 2, 2022 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Feb 2, 2022
Transactions value $
-$5,113,285
Form type
4
Date filed
3/16/2022, 06:21 PM
Previous filing
Jan 7, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Award $0 +64.1K +95.33% $0.00 131K Mar 14, 2022 Direct F1
transaction MNST Common Stock Award $0 +14.6K +11.08% $0.00 146K Mar 14, 2022 Direct F2
transaction MNST Common Stock Options Exercise +62.2K +42.64% 208K Mar 14, 2022 Direct F3, F4
transaction MNST Common Stock Tax liability -$5.11M -69.8K -33.56% $73.23 138K Mar 14, 2022 Direct
holding MNST Common Stock 5.65M Feb 2, 2022 By Brandon Limited Partnership No. 1 F5
holding MNST Common Stock 29.4M Feb 2, 2022 By Brandon Limited Partnership No. 2 F5
holding MNST Common Stock 105K Feb 2, 2022 By Hilrod Holdings IV, L.P. F5
holding MNST Common Stock 214K Feb 2, 2022 By Hilrod Holdings V, L.P. F5
holding MNST Common Stock 324K Feb 2, 2022 By Hilrod Holdings VI, L.P. F5
holding MNST Common Stock 120K Feb 2, 2022 By Hilrod Holdings VII, L.P. F5
holding MNST Common Stock 569K Feb 2, 2022 By Hilrod Holdings VIII, L.P. F5
holding MNST Common Stock 453K Feb 2, 2022 By Hilrod Holdings IX, L.P. F5
holding MNST Common Stock 250K Feb 2, 2022 By Hilrod Holdings X, L.P. F5
holding MNST Common Stock 505K Feb 2, 2022 By Hilrod Holdings XI, L.P. F5
holding MNST Common Stock 327K Feb 2, 2022 By Hilrod Holdings XII, L.P. F5
holding MNST Common Stock 1.44M Feb 2, 2022 By Hilrod Holdings XIII, L.P. F5
holding MNST Common Stock 187K Feb 2, 2022 By Hilrod Holdings XIV, L.P. F5
holding MNST Common Stock 4.18K Feb 2, 2022 By Hilrod Holdings XV, L.P. F5
holding MNST Common Stock 988K Feb 2, 2022 By Hilrod Holdings XVII, L.P. F5
holding MNST Common Stock 337K Feb 2, 2022 By Hilrod Holdings XIX, L.P. F5
holding MNST Common Stock 732K Feb 2, 2022 By Hilrod Holdings XX, L.P. F5
holding MNST Common Stock 732K Feb 2, 2022 By Hilrod Holdings XXI, L.P. F5
holding MNST Common Stock 500K Feb 2, 2022 By Hilrod Holdings XXII, L.P. F5
holding MNST Common Stock 360K Feb 2, 2022 By Hilrod Holdings XXIV, L.P. F5
holding MNST Common Stock 900K Feb 2, 2022 By Hilrod Holdings XXV, L.P. F5
holding MNST Common Stock 3.09M Feb 2, 2022 By HHS 2010 GRAT #3 F5
holding MNST Common Stock 28.7K Feb 2, 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 -108K -100% $0.00* 0 Feb 2, 2022 Common stock 108K $43.99 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -108K -100% $0.00* 0 Feb 2, 2022 Common Stock 108K $43.99 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -101K -100% $0.00* 0 Feb 2, 2022 Common Stock 101K $46.27 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -101K -100% $0.00* 0 Feb 2, 2022 Common Stock 101K $46.27 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -88K -100% $0.00* 0 Feb 2, 2022 Common Stock 88K $58.73 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -88K -100% $0.00* 0 Feb 2, 2022 Common Stock 88K $58.73 By Hilrod Holdings XXI, L.P. F5, F6, F9
transaction MNST Employee Stock Option (right to buy) Gift $0 -48.6K -100% $0.00* 0 Feb 2, 2022 Common Stock 48.6K $59.67 By Hilrod Holdings XX, L.P. F5, F6, F8
transaction MNST Employee Stock Option (right to buy) Gift $0 -48.6K -100% $0.00* 0 Feb 2, 2022 Common Stock 48.6K $59.67 By Hilrod Holdings XXI, L.P. F5, F6, F9
holding MNST Employee Stock Option (right to buy) 11.1K Feb 2, 2022 Common Stock $17.99 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 409K Feb 2, 2022 Common Stock $17.99 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 210K Feb 2, 2022 Common Stock $17.99 By Hilrod Holdings XV, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 4.28K Feb 2, 2022 Common Stock $23.35 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 420K Feb 2, 2022 Common Stock $23.35 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 154K Feb 2, 2022 Common Stock $23.35 Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 51.4K Feb 2, 2022 Common Stock $23.35 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 2.21K Feb 2, 2022 Common Stock $45.16 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 79.2K Feb 2, 2022 Common Stock $45.16 By Hilrod Holdings XVI, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 156K Feb 2, 2022 Common Stock $45.16 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 2.27K Feb 2, 2022 Common Stock $43.99 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 97.3K Feb 2, 2022 Common Stock $43.99 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 215K Feb 2, 2022 Common Stock 215K $43.99 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 2.16K Feb 2, 2022 Common Stock $46.27 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 25K Feb 2, 2022 Common Stock $46.27 By Hilrod Holdings XVIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 76.9K Feb 2, 2022 Common Stock $46.27 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 202K Feb 2, 2022 Common Stock 202K $46.27 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 1.7K Feb 2, 2022 Common Stock $58.73 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 86.3K Feb 2, 2022 Common Stock $58.73 By Hilrod Holdings XXIII, L.P. F5, F6, F7
holding MNST Employee Stock Option (right to buy) 176K Feb 2, 2022 Common Stock 176K $58.73 By Hilrod Holdings XXVI, L.P. F5, F6
holding MNST Employee Stock Option (right to buy) 97.2K Feb 2, 2022 Common Stock $59.67 Direct F6, F7
holding MNST Employee Stock Option (right to buy) 97.2K Feb 2, 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.