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Monster Beverage Corp — Director's Dealing 2010
Jul 9, 2010
29955_dirs_2010-07-09_64977820-2ff3-4a0a-a7d4-2dbed28111bd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HANSEN NATURAL CORP (HANS)
CIK: 0000865752
Period of Report: 2010-07-07
Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-07 | Common Stock | S | 8800 | $42 | Disposed | 42740 | Indirect |
| 2010-07-07 | Common Stock | S | 3500 | $42.05 | Disposed | 177126 | Indirect |
| 2010-07-08 | Common Stock | S | 23100 | $42.09 | Disposed | 154026 | Indirect |
| 2010-07-08 | Common Stock | S | 151800 | $42.01 | Disposed | 105696 | Indirect |
| 2010-07-08 | Common Stock | S | 28200 | $42.06 | Disposed | 96014 | Indirect |
| 2010-07-09 | Common Stock | S | 84600 | $42.27 | Disposed | 21096 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1080008 | Indirect |
| Common Stock | 8013336 | Indirect |
| Common Stock | 800000 | Indirect |
| Common Stock | 4080000 | Indirect |
| Common Stock | 121894 | Indirect |
| Common Stock | 192462 | Indirect |
| Common Stock | 265720 | Indirect |
| Common Stock | 347602 | Indirect |
| Common Stock | 66408 | Indirect |
| Common Stock | 14380 | Indirect |
| Common Stock | 95523 | Indirect |
| Common Stock | 154935 | Indirect |
| Common Stock | 46386 | Indirect |
| Common Stock | 4795 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $.446 | 2012-07-12 | Common Stock (1200000) | 448176 | Direct |
| Employee Stock Option (right to buy) | $.531 | 2013-05-28 | Common Stock (1200000) | 860324 | Direct |
| Employee Stock Option (right to buy) | $6.588 | 2015-03-23 | Common Stock (1200000) | 1100000 | Direct |
| Employee Stock Option (right to buy) | $16.87 | 2015-11-11 | Common Stock (600000) | 600000 | Direct |
| Employee Stock Option (right to buy) | $31.72 | 2018-06-02 | Common Stock (400000) | 400000 | Direct |
| Employee Stock Option (right to buy) | $35.64 | 2019-12-01 | Common Stock (250000) | 250000 | Direct |
Footnotes
F1: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings VII, L.P. effective as of June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.00 to $42.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings VIII, L.P. effective as of June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.03 to $42.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings VIII, L.P. effective as of June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.04 to $42.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings III, L.P. effective as of June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.00 to $42.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings V, L.P. effective as of June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.05 to $42.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6: The sales reported in this Form 4 represent all the share authorized to be sold pursuant to a Rule 10b-5(1) sales plan adopted by Hilrod Holdings III, L.P. effective June 11, 2010. This transaction was executed in multiple trades at prices ranging from $42.00 to $42.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7: The reporting person is one of the general partners of each of Brandon Limited Partnership No.1, Brandon Limited Partnership No. 2, HRS Holdings, L.P. and Hilrod Holdings L.P., Hilrod Holdings II L.P., Hilrod Holdings III, L.P., Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VII, L.P. and Hilrod Holdings VIII, L.P.
F8: The reporting person is one of the general partners of each of the following new limited partnerships, Hilrod Holdings IX, L.P. and Hilrod Holdings X, L.P.
F9: Reflects the distribution of shares as the proceeds of an in-kind annuity payment from existing grantor retained annuity trusts. A portion of those shares were transferred to the new limited partnerships, which contributed their interests to new grantor retained annuity trusts. The remaining shares received from the in-kind annuity payments are directly beneficially owned by the reporting person.
F10: Reflects the distribution of shares transferred to the new grantor retained annuity trusts that were previously directly beneficially owned by the reporting person.
F11: The reporting person previously reported indirect beneficial ownership on an aggregate basis of the shares held by the limited partnerships. As a result of the in-kind annuity distributions, the total amount of shares directly and indirectly owned have been reduced by 370,327 shares.
F12: The options are currently vested.
F13: The options are currently vested with respect to 480,000 shares. The remaining options vest on November 11, 2010.
F14: The options are currently vested with respect to 160,000 shares. The remaining options vest in three equal installments on June 2, 2011, 2012 and 2013.
F15: The options vest in five equal installments on December 1, 2010, 2011, 2012, 2013 and 2014.