Benjamin Polk - 13 Jun 2022 Form 4 Insider Report for Monster Beverage Corp (MNST)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Jun 2022, 19:08:42 UTC
Prior SEC filing
11 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul J. Dechary, attorney-in-fact

Key filing fact

Benjamin Polk filed Form 4 for Monster Beverage Corp (MNST) on 15 Jun 2022.

Key facts

  • This page summarizes Benjamin Polk's Form 4 filing for Monster Beverage Corp (MNST).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Jun 2022, 19:08.

Change

  • Previous filing in this sequence was filed on 11 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MNST holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
45,700
Date
13 Jun 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MNST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,790
Change %
-100%
Price
Shares after
0
Date
13 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,790
Exercise price
Footnotes
F2, F3
MNST transaction Derivative

Deferred Stock Units

Award

Transaction value
Shares
+1,790
Change %
+37%
Price
Shares after
6,637
Date
13 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,790
Exercise price
Footnotes
F2, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Benjamin Polk is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

Footnote F2

Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same, see footnote 5 below.

Footnote F3

Not applicable.

Footnote F4

Each deferred stock unit is economically equivalent to one share of the Company's common stock.

Footnote F5

Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors, effective May 1, 2017, which may include voluntary deferred compensation.

Footnote F6

The deferred stock units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.

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