Benjamin Polk - Jun 13, 2022 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role: Former Director
Signature: /s/ Paul J. Dechary, attorney-in-fact
Stock symbol: MNST
Transactions as of: Jun 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/15/2022, 07:08 PM
Previous filing: Apr 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MNST	Common Stock						45.7K	Jun 13, 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	Restricted Stock Units	Options Exercise		-1.79K	-100%		0	Jun 13, 2022	Common Stock	1.79K		Direct	F2, F3
transaction	MNST	Deferred Stock Units	Award		+1.79K	+36.93%		6.64K	Jun 13, 2022	Common Stock	1.79K		Direct	F2, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Benjamin Polk is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
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. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same, see footnote 5 below.
F3	Not applicable.
F4	Each deferred stock unit is economically equivalent to one share of the Company's common stock.
F5	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.
F6	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 of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.