Guy Carling - 01 Dec 2022 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role: President of EMEA
Signature: Paul J. Dechary, attorney-in-fact
Issuer symbol: MNST
Transactions as of: 01 Dec 2022
Net transactions value: -$1,255,260
Form type: 4
Filing time: 02 Dec 2022, 15:58:42 UTC
Previous filing: 15 Nov 2022
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNST	Common Stock	Sale	$1,255,260	-12,256	-47%	$102.42	13,645	01 Dec 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
holding	MNST	Employee Stock Option (right to buy)						15,000	01 Dec 2022	Common Stock		$58.73	Direct	F2, F3
holding	MNST	Employee Stock Option (right to buy)						8,333	01 Dec 2022	Common Stock		$51.50	Direct	F3, F4
holding	MNST	Employee Stock Option (right to buy)						13,750	01 Dec 2022	Common Stock		$59.67	Direct	F3, F5
holding	MNST	Employee Stock Option (right to buy)						15,000	01 Dec 2022	Common Stock		$62.39	Direct	F3, F6
holding	MNST	Employee Stock Option (right to buy)						10,000	01 Dec 2022	Common Stock		$88.94	Direct	F3, F7
holding	MNST	Employee Stock Option (right to buy)						23,000	01 Dec 2022	Common Stock		$73.23	Direct	F3, F8
holding	MNST	Restricted Stock Units						3,000	01 Dec 2022	Common Stock			Direct	F3, F9, F10, F11
holding	MNST	Restricted Stock Units						4,675	01 Dec 2022	Common Stock			Direct	F3, F9, F11, F12
holding	MNST	Restricted Stock Units						5,250	01 Dec 2022	Common Stock			Direct	F3, F9, F11, F13
holding	MNST	Restricted Stock Units						2,520	01 Dec 2022	Common Stock			Direct	F3, F11, F14, F15
holding	MNST	Restricted Stock Units						6,800	01 Dec 2022	Common Stock			Direct	F3, F11, F14, F16

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

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $102.25 to $102.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	The remaining options vest on March 14, 2023.
F3	No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F4	The remaining options vest on June 1, 2023.
F5	The remaining options vest in two installments as follows: 6,250 shares on March 14, 2023 and 7,500 shares on March 14, 2024.
F6	The remaining options vest in three installments as follows: 4,000 shares on March 13, 2023? 5,000 shares on March 13, 2024 and 6,000 shares on March 13, 2025.
F7	The options are currently vested with respect to 1,000 shares. The remaining options vest in four installments as follows: 1,500 shares on March 12, 2023? 2,000 shares on March 12, 2024? 2,500 shares on March 12, 2025 and 3,000 shares on March 12, 2026.
F8	The options vest in five installments as follows: 2,300 shares on March 14, 2023; 3,450 shares on March 14, 2024; 4,600 shares on March 14, 2025; 5,750 shares on March 14, 2026 and 6,900 shares on March 14, 2027.
F9	The restricted stock units were granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
F10	The remaining restricted stock units vest on June 1, 2023.
F11	Not applicable.
F12	The restricted stock units vest in two installments as follows: 2,125 units on March 14, 2023 and 2,550 shares on March 14, 2024.
F13	The restricted stock units vest in three installments as follows: 1,400 units on March 13, 2023? 1,750 units on March 13, 2024 and 2,100 units on March 13, 2025.
F14	The restricted stock units were granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
F15	The restricted stock units vest in four installments as follows: 420 units on March 12, 2023? 560 units on March 12, 2024? 700 units on March 12, 2025 and 840 units on March 12, 2026.
F16	The restricted stock units vest in five installments as follows: 680 units on March 14, 2023, 1,020 units on March 14, 2024, 1,360 units on March 14, 2025, 1,700 units on March 14, 2026 and 2,040 units on March 14, 2027.