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

Role
Vice Chairman and Co-CEO, Director
Signature
Paul J. Dechary, attorney-in-fact
Stock symbol
MNST
Transactions as of
Feb 24, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 09:43 PM
Previous filing
Dec 2, 2022
Next filing
Apr 4, 2023

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 -15.4K -33.33% $0.00 30.7K Mar 14, 2023 Common Stock 15.4K Direct F1, F2, F3
transaction MNST Restricted Stock Units Award $0 +33.8K $0.00 33.8K Mar 14, 2023 Common Stock 33.8K 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.