Guy Carling - 12 Mar 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
12 Mar 2023
Net transactions value
-$358,472
Form type
4
Filing time
14 Mar 2023, 21:44:32 UTC
Previous filing
02 Dec 2022
Next filing
11 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +420 +3.1% 14,065 12 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $19,863 -198 -1.4% $100.32 13,867 12 Mar 2023 Direct
transaction MNST Common Stock Options Exercise +1,400 +10% 15,267 13 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $66,011 -658 -4.3% $100.32 14,609 13 Mar 2023 Direct
transaction MNST Common Stock Options Exercise +680 +4.7% 15,289 14 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $32,525 -320 -2.1% $101.64 14,969 14 Mar 2023 Direct
transaction MNST Common Stock Options Exercise +2,125 +14% 17,094 14 Mar 2023 Direct F1
transaction MNST Common Stock Tax liability $101,538 -999 -5.8% $101.64 16,095 14 Mar 2023 Direct
transaction MNST Common Stock Award $0 +2,900 +18% $0.000000 18,995 14 Mar 2023 Direct F2
transaction MNST Common Stock Tax liability $138,535 -1,363 -7.2% $101.64 17,632 14 Mar 2023 Direct

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 +10,000 $0.000000 10,000 14 Mar 2023 Common Stock 10,000 $101.64 Direct F10
transaction MNST Employee Stock Option (right to buy) Award $0 +10,000 $0.000000 10,000 14 Mar 2023 Common Stock 10,000 $101.64 Direct F11
transaction MNST Restricted Stock Units Options Exercise $0 -2,125 -45% $0.000000 2,550 14 Mar 2023 Common Stock 2,125 Direct F12, F14, F15
transaction MNST Restricted Stock Units Options Exercise $0 -1,400 -27% $0.000000 3,850 13 Mar 2023 Common Stock 1,400 Direct F12, F14, F16
transaction MNST Restricted Stock Units Options Exercise $0 -420 -17% $0.000000 2,100 12 Mar 2023 Common Stock 420 Direct F14, F17, F18
transaction MNST Restricted Stock Units Options Exercise $0 -680 -10% $0.000000 6,120 14 Mar 2023 Common Stock 680 Direct F14, F17, F19
transaction MNST Restricted Stock Units Award $0 +3,400 $0.000000 3,400 14 Mar 2023 Common Stock 3,400 Direct F14, F17, F20
holding MNST Employee Stock Option (right to buy) 15,000 12 Mar 2023 Common Stock $58.73 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 8,333 12 Mar 2023 Common Stock $51.50 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 13,750 12 Mar 2023 Common Stock $59.67 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 15,000 12 Mar 2023 Common Stock $62.39 Direct F4, F7
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2023 Common Stock $88.94 Direct F4, F8
holding MNST Employee Stock Option (right to buy) 23,000 12 Mar 2023 Common Stock $73.23 Direct F4, F9
holding MNST Restricted Stock Units 3,000 12 Mar 2023 Common Stock Direct F4, F12, F13, F14
* 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 The options are currently vested.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 The remaining options vest on June 1, 2023.
F6 The options are currently vested with respect to 6,250 shares. The remaining options vest on March 14, 2024.
F7 The options are currently vested with respect to 4,000 shares. The remaining options vest in two installments as follows: 5,000 shares on March 13, 2024 and 6,000 shares on March 13, 2025.
F8 The options are currently vested with respect to 2,500 shares. The remaining options vest in three installments as follows: 2,000 shares on March 12, 2024; 2,500 shares on March 12, 2025 and 3,000 shares on March 12, 2026.
F9 The options are currently vested with respect to 2,300 shares. The remaining options vest in four installments as follows: 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.
F10 The options vest in five installments as follows: 1,000 shares on March 14, 2024; 1,500 shares on March 14, 2025; 2,000 shares on March 14, 2026; 2,500 shares on March 14, 2027 and 3,000 shares on March 14, 2028.
F11 The options vest in three installments as follows: 3,333 shares on March 14, 2024; 3,333 shares on March 14, 2025 and 3,334 on March 14, 2026.
F12 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.
F13 The remaining restricted stock units vest on June 1, 2023.
F14 Not applicable.
F15 The remaining restricted stock units vest on March 14, 2024.
F16 The remaining restricted stock units vest in two installments as follows: 1,750 units on March 13, 2024 and 2,100 units on March 13, 2025.
F17 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.
F18 The remaining restricted stock units vest in three installments as follows: 560 units on March 12, 2024; 700 units on March 12, 2025 and 840 units on March 12, 2026.
F19 The remaining restricted stock units vest in four installments as follows: 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.
F20 The restricted stock units vest in five installments as follows: 340 units on March 14, 2024; 510 units on March 14, 2025; 680 units on March 14, 2026; 850 units on March 14, 2027 and 1,020 units on March 14, 2028.