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
$0
Form type
4
Filing time
14 Mar 2023, 21:41:58 UTC
Previous filing
02 Dec 2022
Next filing
04 Apr 2023
SEC
View on sec.gov

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 $0 -15,366 -33% $0.000000 30,734 14 Mar 2023 Common Stock 15,366 Direct F1, F2, F3
transaction MNST Restricted Stock Units Award $0 +33,800 $0.000000 33,800 14 Mar 2023 Common Stock 33,800 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The remaining restricted stock units vest in two installments as follows: 15,367 units on March 14, 2024 and 15,367 units on March 14, 2025.
F3 Not applicable.
F4 The restricted stock units vest in three installments as follows: 11,266 units on March 14, 2024, 11,267 units on March 14, 2025 and 11,267 units on March 14, 2026.

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 II of II.