Thomas J. Kelly - 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
$0
Form type
4
Filing time
14 Mar 2023, 21:45:14 UTC
Previous filing
13 Sep 2022
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNST Common Stock Options Exercise +467 +1.8% 26,244 12 Mar 2023 Direct F1
transaction MNST Common Stock Options Exercise +1,334 +5.1% 27,578 13 Mar 2023 Direct F1
transaction MNST Common Stock Options Exercise +1,000 +3.6% 28,578 14 Mar 2023 Direct F1
transaction MNST Common Stock Award $0 +1,450 +5.1% $0.000000 30,028 14 Mar 2023 Direct F2

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 +5,000 $0.000000 5,000 14 Mar 2023 Common Stock 5,000 $101.64 Direct F8
transaction MNST Employee Stock Option (right to buy) Award $0 +5,000 $0.000000 5,000 14 Mar 2023 Common Stock 5,000 $101.64 Direct F9
transaction MNST Restricted Stock Units Options Exercise $0 -1,334 -100% $0.000000* 0 13 Mar 2023 Common Stock 1,334 Direct F10, F11, F12
transaction MNST Restricted Stock Units Options Exercise $0 -467 -50% $0.000000 467 12 Mar 2023 Common Stock 467 Direct F12, F13, F14
transaction MNST Restricted Stock Units Options Exercise $0 -1,000 -33% $0.000000 2,000 14 Mar 2023 Common Stock 1,000 Direct F12, F13, F15
transaction MNST Restricted Stock Units Award $0 +1,700 $0.000000 1,700 14 Mar 2023 Common Stock 1,700 Direct F12, F13, F16
holding MNST Employee Stock Option (right to buy) 2,214 12 Mar 2023 Common Stock $45.16 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 2,271 12 Mar 2023 Common Stock $43.99 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 2 12 Mar 2023 Common Stock $43.64 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 50,000 12 Mar 2023 Common Stock $58.73 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 5,000 12 Mar 2023 Common Stock $51.50 Direct F4, F5
holding MNST Employee Stock Option (right to buy) 15,000 12 Mar 2023 Common Stock $59.67 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 12,000 12 Mar 2023 Common Stock $62.39 Direct F3, F4
holding MNST Employee Stock Option (right to buy) 5,000 12 Mar 2023 Common Stock $88.94 Direct F4, F6
holding MNST Employee Stock Option (right to buy) 10,000 12 Mar 2023 Common Stock $73.23 Direct F4, 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 The options are fully vested.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 The options are currently vested with respect to 3,334 shares. The remaining options vest on June 1, 2023.
F6 The options are currently vested with respect to 3,333 shares. The remaining options vest on March 12, 2024.
F7 The options are currently vested with respect to 3,333 shares. The remaining options vest in two installments as follows: 3,333 shares on March 14, 2024 and 3,334 shares on March 14, 2025.
F8 The options vest in three installments as follows: 1,666 shares on March 14, 2025; 1,667 shares on March 14, 2026 and 1,667 on March 14, 2027.
F9 The options vest in three installments as follows: 1,666 shares on March 14, 2025; 1,667 shares on March 14, 2026 and 1,667 on March 14, 2027.
F10 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.
F11 The restricted stock units are fully vested.
F12 Not applicable.
F13 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.
F14 The remaining restricted stock units vest on March 12, 2024.
F15 The remaining restricted stock units vest in two equal installments on March 14, 2024 and March 14, 2025.
F16 The restricted stock units vest in three installments as follows: 566 units on March 14, 2024; 567 units on March 14, 2025 and 567 units on March 14, 2024.