Rodney C. Sacks - 12 Mar 2023 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
12 Mar 2023
Net transactions value
-$4,541,422
Form type
4
Filing time
14 Mar 2023, 21:41:19 UTC
Previous filing
02 Dec 2022
Next filing
04 Apr 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 Options Exercise +12,633 +1.9% 676,804 12 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $628,404 -6,264 -0.93% $100.32 670,540 12 Mar 2023 Direct
transaction MNST Common Stock Options Exercise +16,028 +2.4% 686,568 13 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $797,243 -7,947 -1.2% $100.32 678,621 13 Mar 2023 Direct
transaction MNST Common Stock Options Exercise +15,366 +2.3% 693,987 14 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $774,395 -7,619 -1.1% $101.64 686,368 14 Mar 2023 Direct
transaction MNST Common Stock Award $0 +46,461 +6.8% $0.000000 732,829 14 Mar 2023 Direct F2
transaction MNST Common Stock Tax liability $2,341,379 -23,036 -3.1% $101.64 709,793 14 Mar 2023 Direct
holding MNST Common Stock 5,645,568 12 Mar 2023 By Brandon Limited Partnership No. 1 F3
holding MNST Common Stock 29,386,944 12 Mar 2023 By Brandon Limited Partnership No. 2 F3
holding MNST Common Stock 104,772 12 Mar 2023 By Hilrod Holdings IV, L.P. F3
holding MNST Common Stock 214,284 12 Mar 2023 By Hilrod Holdings V, L.P. F3
holding MNST Common Stock 323,700 12 Mar 2023 By Hilrod Holdings VI, L.P. F3
holding MNST Common Stock 120,216 12 Mar 2023 By Hilrod Holdings VII, L.P. F3
holding MNST Common Stock 568,584 12 Mar 2023 By Hilrod Holdings VIII, L.P. F3
holding MNST Common Stock 453,444 12 Mar 2023 By Hilrod Holdings IX, L.P. F3
holding MNST Common Stock 249,918 12 Mar 2023 By Hilrod Holdings X, L.P. F3
holding MNST Common Stock 505,242 12 Mar 2023 By Hilrod Holdings XI, L.P. F3
holding MNST Common Stock 327,186 12 Mar 2023 By Hilrod Holdings XII, L.P. F3
holding MNST Common Stock 1,440,954 12 Mar 2023 By Hilrod Holdings XIII, L.P. F3
holding MNST Common Stock 186,790 12 Mar 2023 By Hilrod Holdings XIV, L.P. F3
holding MNST Common Stock 4,176 12 Mar 2023 By Hilrod Holdings XV, L.P. F3
holding MNST Common Stock 336,772 12 Mar 2023 By Hilrod Holdings XIX, L.P. F3
holding MNST Common Stock 364,636 12 Mar 2023 By Hilrod Holdings XX, L.P. F3
holding MNST Common Stock 364,636 12 Mar 2023 By Hilrod Holdings XXI, L.P. F3
holding MNST Common Stock 500,000 12 Mar 2023 By Hilrod Holdings XXII, L.P. F3
holding MNST Common Stock 244,562 12 Mar 2023 By Hilrod Holdings XXIV, L.P. F3
holding MNST Common Stock 534,000 12 Mar 2023 By Hilrod Holdings XXV, L.P. F3

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) Award $0 +91,500 $0.000000 91,500 14 Mar 2023 Common Stock 91,500 $101.64 Direct F8
transaction MNST Restricted Stock Units Options Exercise $0 -16,028 -100% $0.000000* 0 13 Mar 2023 Common Stock 16,028 Direct F9, F10, F11
transaction MNST Restricted Stock Units Options Exercise $0 -12,633 -50% $0.000000 12,634 12 Mar 2023 Common Stock 12,633 Direct F11, F12, F13
holding MNST Employee Stock Option (right to buy) 11,118 12 Mar 2023 Common Stock $17.99 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 408,882 12 Mar 2023 Common Stock $17.99 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 210,000 12 Mar 2023 Common Stock $17.99 By Hilrod Holdings XV, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 4,281 12 Mar 2023 Common Stock $23.35 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 420,000 12 Mar 2023 Common Stock $23.35 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 154,302 12 Mar 2023 Common Stock $23.35 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 51,417 12 Mar 2023 Common Stock $23.35 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2,214 12 Mar 2023 Common Stock $45.16 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 79,200 12 Mar 2023 Common Stock $45.16 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 156,186 12 Mar 2023 Common Stock $45.16 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2,271 12 Mar 2023 Common Stock $43.99 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 97,257 12 Mar 2023 Common Stock $43.99 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 215,472 12 Mar 2023 Common Stock $43.99 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2,163 12 Mar 2023 Common Stock $46.27 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 24,963 12 Mar 2023 Common Stock $46.27 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 76,871 12 Mar 2023 Common Stock $46.27 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 201,503 12 Mar 2023 Common Stock $46.27 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 1,702 12 Mar 2023 Common Stock $58.73 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 86,298 12 Mar 2023 Common Stock $58.73 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 176,000 12 Mar 2023 Common Stock $58.73 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 97,200 12 Mar 2023 Common Stock $59.67 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 97,200 12 Mar 2023 Common Stock $59.67 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 97,200 12 Mar 2023 Common Stock $59.67 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 106,334 12 Mar 2023 Common Stock $62.39 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 85,066 12 Mar 2023 Common Stock $62.39 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 129,900 12 Mar 2023 Common Stock $88.94 Direct F5, F6
holding MNST Employee Stock Option (right to buy) 145,700 12 Mar 2023 Common Stock $73.23 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Received upon the achievement of the vesting criteria applicable to the third 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. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
F3 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 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. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 The options are currently vested.
F5 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6 The options are currently vested with respect to 86,600 shares. The remaining options vest on March 12, 2024.
F7 The options are currently vested with respect to 48,566 shares. The remaining options vest in two equal installments on March 14, 2024 and March 14, 2025.
F8 The options vest in three equal installments on March 14, 2024, 2025 and 2026.
F9 The restricted stock units were granted under the 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 restricted stock units are fully vested.
F11 Not applicable.
F12 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.
F13 The remaining restricted stock units vest on March 12, 2024.

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.