Hilton H. Schlosberg - Feb 24, 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Feb 24, 2023
Transactions value $
-$4,541,422
Form type
4
Date filed
3/14/2023, 09:42 PM
Previous filing
Dec 2, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Gift $0 -195 -0.03% $0.00 684K Feb 24, 2023 Direct
transaction MNST Common Stock Options Exercise +12.6K +1.85% 697K Mar 12, 2023 Direct F1
transaction MNST Common Stock Tax liability -$628K -6.26K -0.9% $100.32 690K Mar 12, 2023 Direct
transaction MNST Common Stock Options Exercise +16K +2.32% 706K Mar 13, 2023 Direct F1
transaction MNST Common Stock Tax liability -$797K -7.95K -1.12% $100.32 698K Mar 13, 2023 Direct
transaction MNST Common Stock Options Exercise +15.4K +2.2% 714K Mar 14, 2023 Direct F1
transaction MNST Common Stock Tax liability -$774K -7.62K -1.07% $101.64 706K Mar 14, 2023 Direct
transaction MNST Common Stock Award $0 +46.5K +6.58% $0.00 753K Mar 14, 2023 Direct F2
transaction MNST Common Stock Tax liability -$2.34M -23K -3.06% $101.64 730K Mar 14, 2023 Direct
holding MNST Common Stock 5.65M Feb 24, 2023 By Brandon Limited Partnership No. 1 F3
holding MNST Common Stock 29.4M Feb 24, 2023 By Brandon Limited Partnership No. 2 F3
holding MNST Common Stock 105K Feb 24, 2023 By Hilrod Holdings IV, L.P. F3
holding MNST Common Stock 214K Feb 24, 2023 By Hilrod Holdings V, L.P. F3
holding MNST Common Stock 324K Feb 24, 2023 By Hilrod Holdings VI, L.P. F3
holding MNST Common Stock 120K Feb 24, 2023 By Hilrod Holdings VII, L.P. F3
holding MNST Common Stock 569K Feb 24, 2023 By Hilrod Holdings VIII, L.P. F3
holding MNST Common Stock 453K Feb 24, 2023 By Hilrod Holdings IX, L.P. F3
holding MNST Common Stock 250K Feb 24, 2023 By Hilrod Holdings X, L.P. F3
holding MNST Common Stock 505K Feb 24, 2023 By Hilrod Holdings XI, L.P. F3
holding MNST Common Stock 327K Feb 24, 2023 By Hilrod Holdings XII, L.P. F3
holding MNST Common Stock 1.44M Feb 24, 2023 By Hilrod Holdings XIII, L.P. F3
holding MNST Common Stock 187K Feb 24, 2023 By Hilrod Holdings XIV, L.P. F3
holding MNST Common Stock 4.18K Feb 24, 2023 By Hilrod Holdings XV, L.P. F3
holding MNST Common Stock 337K Feb 24, 2023 By Hilrod Holdings XIX, L.P. F3
holding MNST Common Stock 365K Feb 24, 2023 By Hilrod Holdings XX, L.P. F3
holding MNST Common Stock 365K Feb 24, 2023 By Hilrod Holdings XXI, L.P. F3
holding MNST Common Stock 500K Feb 24, 2023 By Hilrod Holdings XXII, L.P. F3
holding MNST Common Stock 245K Feb 24, 2023 By Hilrod Holdings XXIV, L.P. F3
holding MNST Common Stock 534K Feb 24, 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 +91.5K $0.00 91.5K Mar 14, 2023 Common Stock 91.5K $101.64 Direct F8
transaction MNST Restricted Stock Units Options Exercise $0 -16K -100% $0.00* 0 Mar 13, 2023 Common Stock 16K Direct F9, F10, F11
transaction MNST Restricted Stock Units Options Exercise $0 -12.6K -50% $0.00 12.6K Mar 12, 2023 Common Stock 12.6K Direct F11, F12, F13
holding MNST Employee Stock Option (right to buy) 11.1K Feb 24, 2023 Common Stock $17.99 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 409K Feb 24, 2023 Common Stock $17.99 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 210K Feb 24, 2023 Common Stock $17.99 By Hilrod Holdings XV, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 4.28K Feb 24, 2023 Common Stock $23.35 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 420K Feb 24, 2023 Common Stock $23.35 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 154K Feb 24, 2023 Common Stock $23.35 By Hildrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 51.4K Feb 24, 2023 Common Stock $23.35 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2.21K Feb 24, 2023 Common Stock $45.16 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 79.2K Feb 24, 2023 Common Stock $45.16 By Hilrod Holdings XVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 156K Feb 24, 2023 Common Stock $45.16 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2.27K Feb 24, 2023 Common Stock $43.99 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 97.3K Feb 24, 2023 Common Stock $43.99 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 215K Feb 24, 2023 Common Stock $43.99 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 2.16K Feb 24, 2023 Common Stock $46.27 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 25K Feb 24, 2023 Common Stock $46.27 By Hilrod Holdings XVIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 76.9K Feb 24, 2023 Common Stock $46.27 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 202K Feb 24, 2023 Common Stock $46.27 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 1.7K Feb 24, 2023 Common Stock $58.73 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 86.3K Feb 24, 2023 Common Stock $58.73 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 176K Feb 24, 2023 Common Stock $58.73 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 97.2K Feb 24, 2023 Common Stock $59.67 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 97.2K Feb 24, 2023 Common Stock $59.67 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 97.2K Feb 24, 2023 Common Stock $59.67 By Hilrod Holdings XXVI, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 106K Feb 24, 2023 Common Stock $62.39 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 85.1K Feb 24, 2023 Common Stock $62.39 By Hilrod Holdings XXIII, L.P. F3, F4, F5
holding MNST Employee Stock Option (right to buy) 130K Feb 24, 2023 Common Stock $88.94 Direct F5, F6
holding MNST Employee Stock Option (right to buy) 146K Feb 24, 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.