Monster Beverage Corp — Director's Dealing 2011

May 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HANSEN NATURAL CORP (HANS)
CIK: 0000865752
Period of Report: 2011-05-18

Reporting Person: POLK BENJAMIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-18	Common Stock	M	1172	—	Acquired	1172	Direct
2011-05-18	Common Stock	D	1172	$68.11	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-18	Restricted Stock Units	$	M	1172	Disposed	2011-05-18	Common Stock (1172)	Direct
2011-05-18	Stock Option (right to buy)	$68.11	A	1295	Acquired	2021-05-18	Common Stock (1295)	Direct
2011-05-18	Restricted Stock Units	$	A	661	Acquired		Common Stock (661)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$16.87	2015-11-11	Common Stock (19200)	9600	Direct
Stock Option (right to buy)	$38.40	2020-06-09	Common Stock (2167)	2167	Direct

Footnotes

F1: Each restricted stock unit represented 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. The reporting person settled restricted stock units in cash.

F2: The options are currently vested.

F3: In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted options one day prior to the Company's annual shareholder meeting. The number of options granted is equal to $45,000, calculated using the Black-Scholes valuation methodology on the date of grant. Options become fully vested on the last business day prior to the Company's 2012 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.

F4: 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.

F5: The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2012 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.

F6: N/A.